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Update on Small Scale Developments
  • Reed Smith LLP
  • United Kingdom
  • July 13 2016

Following on from our posting about the removal of the exemption of small scale developments from affordable housing contributions, please note that


Early Break Clauses in Lease Renewals
  • Reed Smith LLP
  • United Kingdom
  • July 7 2016

Be aware of the consequences of negotiating an early break right in a renewal lease. The flexibility that this might bring will come at a cost. On a


Defects during the project life cycle: FIDIC and UAE law
  • Reed Smith LLP
  • United Arab Emirates
  • May 19 2016

Defects affect construction projects throughout their life-cycle - from design to construction to use. UAE law and the FIDIC Red Book, the most


Late Relief From Forfeiture
  • Reed Smith LLP
  • United Kingdom
  • July 6 2016

Commercial landlords know that if a tenant fails to pay rent and the lease contains a forfeiture clause, the landlord can forfeit the lease by


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 finds defendants knowingly waived right to jury trial, affirms such waivers must be clear
  • Reed Smith LLP
  • USA
  • December 19 2011

Defendant Bethany Holdings Group, LLC borrowed more than $200 million from Lehman, securing the loans with mortgages on real properties


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


(US) For Virginia Land Use, Local Governments Have To Follow The Rules
  • Reed Smith LLP
  • USA
  • April 21 2016

Starting July 1, 2016 Virginia local governments must, in reviewing a residential rezoning or concept plan amendment, determine whether a requested


"Rocket-docket" launches in New York: implications for real estate practice
  • Reed Smith LLP
  • USA
  • June 12 2014

In an effort to expedite the litigation process, reduce court costs and to offer contracting parties an alternative to arbitration, the New York


Select Your Expert Witness With Care
  • Reed Smith LLP
  • United Kingdom
  • May 10 2016

The recent case of Flanders Community Centre Limited v Newham London Borough Council has provided us all with a dramatic reminder of how important the