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Miller, Canfield, Paddock and Stone P.L.C.
The Michigan Uniform Assignment of Rents Act ("MUARA"), which takes effect on September 22, 2022, strengthens both the right to obtain a receiver and the power of the receiver to collect past due rent. The MUARA also confirms the right to foreclose by advertisement...
Cades Schutte LLP
During the due diligence process, whether an attorney represents the lessor or the lessee, the attorney will want to consider numerous lease provisions when advising the client.
Cadwalader, Wickersham & Taft LLP
A ground lease is both a conveyance and a contractual agreement between a landlord (the ground lessor) and a tenant (the ground tenant) pursuant to which the ground lessor, as the fee owner of the real property...
Miller, Canfield, Paddock and Stone P.L.C.
The Michigan Uniform Assignment of Rents Act (MUARA) will take effect on September 22, 2022, and has important implications for a tenant's rights. If a tenant's landlord...
Freeman Law
One of the more complicated areas involving Texas sales and use tax is the taxation of various new construction and real property repair and remodeling services.
Allen Matkins Leck Gamble Mallory & Natsis LLP
Ari Shaeps, a partner in the Century City office of Allen Matkins, recently moderated a panel at the California Multifamily Forum to discuss current trends in California's commercial...
Morrison & Foerster LLP
This week, the Ninth Circuit determines whether an online produce wholesaler can file suit under the Perishable Agricultural Commodities Act, and answers a novel question about whether a party...
Arnall Golden Gregory
The film industry in Georgia is booming. The state ranks number one globally in the production of top grossing feature films, followed by the United Kingdom, Canada, California,...
Miller, Canfield, Paddock and Stone P.L.C.
On June 24, 2022, Michigan passed the Michigan Uniform Assignment of Rents Act (MUARA). When it did, Michigan became the first state with a Uniform Assignment of Rents Act...
Miller, Canfield, Paddock and Stone P.L.C.
In May 2017, we highlighted the Sixth Circuit's opinion in Town Center Flats. Briefly, Town Center Flats held that ownership of a commercial property's rents transferred to a lender when (1)...
Miller, Canfield, Paddock and Stone P.L.C.
Previously, we alerted you that Michigan had passed its version of the Uniform Assignment of Rents Act (MUARA). Among other things, this law clarifies that an assignment of rents...
Miller, Canfield, Paddock and Stone P.L.C.
Secured lenders whose commercial loans are in default often face a serious question: should they allow a commercial property's expenses to be paid, potentially increasing their losses...
Allen Matkins Leck Gamble Mallory & Natsis LLP
Jared Kassan, a partner at law firm Allen Matkins, participated on a panel earlier this year to discuss legal issues surrounding partnerships and 1031 exchanges.
ORBA
Over the past two years, businesses have endured many unexpected changes and disruptions, and the impact on corporate real estate and the workplace has been drastic.
Parsons Behle & Latimer
The pandemic has changed our lives in many ways. For some of us, it has even changed how we provide pro bono services to our community.
Cadwalader, Wickersham & Taft LLP
On March 30, 2022, the New York State Supreme Court, New York County (the "Court") decided in Times Square JV LLC v. Walber Broadway LLC that a ground lease-tenant...
Goodsill Anderson Quinn & Stifel
If you rent a commercial property to run your business, you want to think about all of the different costs that go along with it. Simply paying the rent every month is just the beginning.
Harris Beach
The 421-a tax exemption program is a real property tax exemption program accessible to developers who build new and affordable multi-family residential buildings in New York City.
Freeman Mathis & Gary
Does a bystander have an obligation to come to the aid of another under California law? Under most circumstances, the answer is "no." A year ago, almost to the day, the California Supreme Court...
McGlinchey Stafford
In this appeal, the Eighth Appellate District affirmed the trial court's decision, agreeing that Ohio's Uniform Trade Secret Act broadly preempts not only causes of action for misappropriation of trade secrets but also causes of...
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