The Evolution of a Lease Provision: Sublease and Assignment
February 09, 2004
In the absence of a lease provision restricting subleasing and assignment, common law permits a tenant to freely sublease its leased premises or assign its leasehold interest in the leased premises. In order to provide for maximum landlord control over a tenant's ability to sublease or assign its leasehold interest, while at the same time balancing the need of tenants for an exit strategy, modern forms of leases contain extensive assignment and sublease provisions. This article traces the manner in which those provisions have evolved over the years.
Vigilance and Planning Are Necessary in Bankruptcy Matters
February 09, 2004
Two recent decisions by the U.S. Court of Appeals for the Seventh Circuit have attracted the attention of leasing lawyers. Both of those cases demonstrate that landlords and tenants alike may be taken by surprise by the operation of the Bankruptcy Code.
In the Spotlight
February 09, 2004
Tenants that seek the future ability to sublease a portion of their space frequently settle for language to the effect that the landlord will not unreasonably withhold, delay, or condition its consent to a proposed sublease by the tenant. Unfortunately, this typical language only provides a tenant with minimal protection.
Escalation Wars!
February 01, 2004
Operating escalation challenges falls into the seasonal category. When economic times are good, commercial tenants pay rent escalations like clockwork. When times are hard, the same tenants -- aided by lease audit consultants working on a contingency basis -- suddenly "discover" hundreds of thousands of dollars in alleged escalation overcharges.
Landlord & Tenant
February 01, 2004
The latest cases of interest to you and your practice.
Index
February 01, 2004
A list of everything you need in this issue.
Court Watch
January 01, 2004
Highlights of the latest franchisng cases from around the country.
AFA President Discusses the Challenges of Being a Franchisee
January 01, 2004
For more than a decade, Susan P. Kezios has been one of the most outspoken and effective advocates for franchisees. The organization that she founded in 1993, the American Franchisee Association (AFA), lobbies on behalf of franchisees and conducts numerous educational seminars and conferences throughout the year. In this Q&A, Kezios discusses the most prominent challenges that franchisees face today and gives her "insider" perspective on how those challenges can be surmounted.
CAN SPAM Act: A Compliance Challenge A Detailed Look At What The New Act Means For e-Commerce; Marketers May Still Have A Say
January 01, 2004
In recent years, Congress has considered, but failed to adopt, dozens of proposals to control unsolicited commercial e-mail. Meanwhile, more than half the states passed laws banning specific forms of e-mail deception and requiring affirmative disclosures. California's much-discussed anti-spam law took the next step, prohibiting commercial e-mail sent without consumers' affirmative, opt-in, consent. This legislation, which was set to take effect Jan. 1, forced the e-mail marketing industry to lobby Congress for less restrictive, pre-emptive federal legislation. The result was the Controlling the Assault of Non-Solicited Pornography and Marketing Act of 2003, or CAN-SPAM Act of 2003 (the Act), which President Bush signed Dec. 16, and took effect Jan. 1. The Act pre-empts state laws, except to the extent that they prohibit any e-mail message or attachment falsity or deception. This article provides a detailed look at the new federal Act ' including the possibility for e-mail marketers to continue shaping the law in upcoming rulemaking proceedings.
