Jennings Strouss & Salmon PLC

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Understanding cumulative v. non-cumulative CAM caps in commercial leases

June 10 2015 Commercial leases for shopping centers and office buildings will often require the tenant to pay a share of common area maintenance (CAM) expenses…

Understanding percentage rent in commercial leases

October 16 2015 Commercial leases for retail and restaurant tenants often require the tenant to pay percentage rent. Percentage rent is that sum a tenant will pay in…

The Agricultural Act of 2014: what the new farm bill means for farmers

February 24 2014 On February 7, 2014, a new five-year Farm Bill, the Agricultural Act of 2014, was signed into law. The 959-page Act affects hundreds of federal…

Understanding radius restrictions in commercial leases

August 20 2015 Radius restrictions are common in commercial leases that include a percentage rent provision, under which a tenant pays a percentage of the revenue…

Lockout of a commercial tenant: the pitfalls

April 17 2014 If a commercial property tenant neglects or refuses to pay rent and is in arrears for more than five days, or if a tenant violates another provision…

FERC Weighs Tax Policy Changes in Wake of Ruling in United Airlines, Inc. v. FERC

May 3 2017 On December 15, 2016, the Federal Energy Regulatory Commission (FERC) issued a Notice of Inquiry (NOI) in Docket No. PL17-1, seeking comments on how…

Law Day 2017 Celebrates the 14th Amendment

May 1 2017 Today we celebrate Law Day. The American Bar Association first proposed the idea for a nationally recognized Law Day 60 years ago. On May 1, 1958…

Questions Concerning An Irrevocable Trust? Where to Look for Answers and How to Make Changes

April 12 2017 One of the many advantages of a revocable trust is that changes to the same can be easily made by amending or restating the trust instrument. When…

Businesses Beware: Don't Get Hooked into Paying for Forms You Don't Need

March 22 2017 Over the years, I have come across what appear to be “official” correspondences from companies portraying themselves as state-related representatives…

Arizona Supreme Court Upholds Arizona Prop 206

March 15 2017 The Arizona Supreme Court has unanimously upheld Arizona Proposition 206, which, effective January 1, 2017, increased Arizona's minimum wage to $10.00…