Latest News & Developments in Commercial Real Estate Law
Since 2008, we have used our real estate law blog as a way to keep readers informed about the latest developments and news within commercial real estate law. Some of the topics we regularly address include court decisions on disputed commercial real estate transactions, limited liability company law and high-end residential real estate transactions. In addition to informing readers, we make it a priority to provide an in-depth analysis of the topics we discuss.
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The following article was published in the March 25th issue of New York Real Estate Journal.
Moody’s hits a borrower with a “credit negative” if the borrower is organized in a state other than Delaware.
Vice Chancellor Glasscock, in Huatuco v. Satellite Healthcare, determines that a reference to the rights of the members being solely determined by the LLC Agreement impliedly waives the right of a member to seek judicial dissolution.
The following article was published in the January 28th issue of New York Real Estate Journal.
As real estate crowdfunding efforts start, attention will no doubt be paid to the terms of the LLC agreement governing each investment. This article, first published in the November 26th issue of New York Real Estate Journal, highlights a few key issues and notes that the crowdfunding websites should consider imposing standards.
Landowners use ground leases to keep property in the family despite the complications.
On February 13, 2014, Thomas Kearns will speak at the Practising Law Institute's annual seminar, Commercial Real Estate Financing 2014.
The judicial kerfuffle about default fiduciary duties in Delaware LLC’s was resolved by the Delaware legislature in favor of a default duty.
Amendments to NYC’s Zoning Resolution legalize parking garages in Manhattan which have long been open to the public in technical violation of zoning rules.
The following article, “Commercial Condos are Being Used More Frequently,” was first published in the September 24th issue of New York Real Estate Journal.