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17 Dec 2008, 3:21 pm
Since the purchaser will be bound by any leases between the seller and his or her tenants, the purchaser should study the terms of the lease very carefully for such items as the expiration date, rental amount, tenant's right to sublet and whether the lease is renewable. [read post]
17 Dec 2008, 11:00 am
Finally, by virtue of petitioner's use of the theater, petitioner has monitored the nature and quality of the services rendered under the JOYCE marks.The Board agreed with Petitioner that "it would be 'ludicrous' to contend that petitioner did not own the JOYCE marks after petitioner purchased the Elgin theater, did all the work raising the funds and renovating the theater, and took all the risk involved in the undertaking. [read post]
15 Dec 2008, 11:08 pm
So application under s.85(2) or (4) would still be required, unless the tenant waits for a replacement tenancy under H&RA 2008. [read post]
15 Dec 2008, 9:54 pm
In other words, an agreement to use "best efforts" merely requires that all reasonable efforts be made. [read post]
15 Dec 2008, 6:05 pm
When the chapter 11 debtor is the tenant: Before a tenant-debtor may assume an unexpired lease of non-residential real property, it must: (1) cure any monetary defaults, or provide adequate assurance that any monetary defaults under the lease will be promptly cured; and (2) provide adequate assurance that all obligations under the lease will be satisfied in the future. [read post]
15 Dec 2008, 10:47 am
Haddox, the court voids a forum selection clause which provided that any action had to be brought in the Franklin County Municipal Court, despite the fact that all of the dealings occurred in Summit County. [read post]
14 Dec 2008, 9:56 am
Their Lordships have held (Lord Hoffmann dissenting in part - he wouldn’t have allowed hope value in any situation) that: (a) hope value is not payable by leaseholders when they seek to enfranchise a leasehold house (under the 1967 Act) or when they seek to exercise the individual right to a lease extension (under the 1993 Act); (b) hope value is only payable in collective enfranchisement cases (under the 1993 Act) in respect of the flats of those… [read post]
12 Dec 2008, 12:48 pm
When the chapter 11 debtor is the tenant: Before a tenant-debtor may assume an unexpired lease of non-residential real property, it must: (1) cure any monetary defaults, or provide adequate assurance that any monetary defaults under the lease will be promptly cured; and (2) provide adequate assurance that all obligations under the lease will be satisfied in the future. [read post]
12 Dec 2008, 12:48 pm
When the chapter 11 debtor is the tenant: Before a tenant-debtor may assume an unexpired lease of non-residential real property, it must: (1) cure any monetary defaults, or provide adequate assurance that any monetary defaults under the lease will be promptly cured; and (2) provide adequate assurance that all obligations under the lease will be satisfied in the future. [read post]
11 Dec 2008, 6:25 pm
There was a distinction between charges payable by a tenant under a lease (which were likely to be service charges) and charges payable by a shareholder to a company. [read post]
9 Dec 2008, 4:59 pm
Suppose your tenant, or one of the tenant's guests, gets hurt on your property and sues the owner of the property. [read post]
8 Dec 2008, 12:29 pm
Do all assets go through probate? [read post]
3 Dec 2008, 4:54 pm
All summaries are produced by Findlaw. [read post]
3 Dec 2008, 11:27 am
A right of first refusal under a lease is a contractual right that gives the tenant the right to match any third party offer if the landlord chooses to sell the property. [read post]
3 Dec 2008, 10:12 am
This is a central tenant of the very foundations of our legal system - the rule of law. [read post]
1 Dec 2008, 6:26 am
Businesses across all sectors would be impacted. 5. [read post]
30 Nov 2008, 11:52 pm
The Lease also contained an option for the tenant to buy the premises after Giuffrida's death. [read post]
30 Nov 2008, 11:52 pm
The Lease also contained an option for the tenant to buy the premises after Giuffrida's death. [read post]
27 Nov 2008, 8:21 pm
" Regency later purchased Arbours' rights under the contract. [read post]
26 Nov 2008, 1:45 pm
This brief analysis is not to suggest that all instances of cloud computing are per se unlawful under European law. [read post]
