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Results: 1-10 of 96

PA University's housing non-profit stripped of tax exempt status

  • Reed Smith LLP
  • -
  • USA
  • -
  • March 6 2014

In January 2014, the Monroe County (PA) Court of Common Pleas stripped recently awarded HUP status from a not-for-profit student housing corporation

A game changer

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • February 25 2014

Judgment in the Court of Appeal case of Pillar Denton v Game Retail- about rent due during the administration of Game was handed down yesterday. It

New York High Court ruling: restaurant in Union Square does not violate State public trust doctrine regarding use of parkland

  • Reed Smith LLP
  • -
  • USA
  • -
  • February 26 2014

In a recent decision, the New York Court of Appeals held that a NYC proprietor could operate a restaurant on city-owned parkland located in Union

Secured creditors need not file a proof of claim to lift the automatic stay to proceed with a foreclosure action

  • Reed Smith LLP
  • -
  • USA
  • -
  • December 19 2011

An individual debtor appealed the Bankruptcy Court’s orders lifting the automatic stay to permit two creditors to proceed with foreclosure proceedings on real property

Superior Court holds estoppel by deed preserves oil and gas lease

  • Reed Smith LLP
  • -
  • USA
  • -
  • March 20 2014

On March 14, 2014, the Superior Court of Pennsylvania ruled in favor of an oil and gas exploration company, applying the doctrine of estoppel by deed

Questioning the form: Moayedi v. Interstate 35

  • Reed Smith LLP
  • -
  • USA
  • -
  • April 3 2014

"Never blindly rely on forms and boilerplate terms - negotiating contracts is much more than just defending forms, even if you're dealing with a

Dilapidations claims and the impecunious landlord

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • June 11 2013

Some positive news for landlords this week: The court has confirmed that, even where an outdated property stands little or no chance of being re-let

Financing contingencies and earnest money deposits: if I can't get my loan, I get my deposit back, right?

  • Reed Smith LLP
  • -
  • USA
  • -
  • February 22 2012

Real estate purchasers whose contract permits the return of the earnest money deposit if financing cannot be obtained must be extremely careful in how this contingency is worded in the purchase contract, or a purchaser may get an unwelcome surprise, and be forced to forfeit the earnest money when financing cannot be obtained

Secured lender took sufficient affirmative action to effect the assignment of rents

  • Reed Smith LLP
  • -
  • USA
  • -
  • December 19 2011

The debtor executed a mortgage and assignment of rents in favor of the lender

Renewal lease changing terms

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • December 17 2012

Most landlords are reasonably familiar with the rules set out in O’May v City of London Real Property Co Limited