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Results: 1-10 of 112

(UK) lease guarantees: an update

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • September 19 2014

When tenants offer landlords guarantees of their lease liabilities landlords need to take care what assignment rights the tenant can have and this

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

Court of Appeal considers the grounds for reopening an application for reconsideration of a refusal to allow permission to appeal

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • January 6 2011

In Trevor Guy v Barclays Bank plc 2010 EWCA Civ 1396 the Court of Appeal heard an application under CPR 52.17 for reconsideration of a refusal to grant permission to appeal a summary judgment decision

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

Court grants parent companies standing to sue lender as third-party beneficiaries of loan commitment agreements

  • Reed Smith LLP
  • -
  • USA
  • -
  • June 15 2011

A real estate lender agreed to finance three existing projects by lending money to three separate Single-Asset Bankruptcy Remote Entities (SABREs), owned by certain real estate investments trusts, and to finance $160 million in future ventures of the trusts, with further SABREs to be created as each deal came to fruition

Chicago wins the latest round: in a longstanding battle, court upholds Chicago Landmarks Ordinance against constitutional-vagueness challenge by property owners

  • Reed Smith LLP
  • -
  • USA
  • -
  • May 8 2012

The City of Chicago has prevailed in the latest round of a “no holds barred” battle with local property owners over the constitutionality of The Chicago Landmarks Ordinance

New lawsuit may derail fiber-optics installations in Western PA

  • Reed Smith LLP
  • -
  • USA
  • -
  • July 30 2012

A class-action complaint, filed this July in the U.S. District Court for the Western District of Pennsylvania, seeks millions of dollars in damages from four telecom companies, alleging a deliberate failure to obtain the permission of hundreds of Beaver County property owners before burying fiber-optic cables on their lands

Low-income housing tax credits must be included in valuing section 506(a) collateral

  • Reed Smith LLP
  • -
  • USA
  • -
  • October 15 2012

In a case of first impression, the Sixth Circuit BAP held that, for purposes of valuing collateral under section 506(a) of the Bankruptcy Code, the availability of Low-Income Housing Tax Credits must be considered in valuing a creditor’s secured claim

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

Can landlords carry out environmental surveys during the lease term?

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • June 16 2009

Landlordsinvestors involved in selling or refinancing tenanted properties may need to carry out intensive environmental tests to satisfy the buyerlender