Tag Archives: lease

Has Your Lease Expired? Holdover Proceedings in New York State

Prior blog posts have discussed the difference between the two types of landlord-tenant eviction proceedings.  To summarize, non-payment proceedings occur when a tenant fails to pay rent or other charges due to the landlord.  Holdover proceedings, which will be discussed … Continue reading

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Let’s Rush The Lease Out Otherwise The Tenant (Or Landlord) Will Walk

PrintHow long should it take to prepare the first draft of a lease that needs to include several (or more) “custom” business terms? We’re asking about those leases that need some thought, not the kind that can be prepared using … Continue reading

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Gibbons Real Property Department Attorneys Represent Pharmaceutical Company in Cambridge Lease

Gibbons attorneys Russell B. Bershad and Nicole E. Taplin, Directors in the Real Property Department, are representing Bayer Healthcare LLC in a long-term, large scale lease for laboratory and office space in a new building under construction by MIT in … Continue reading

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How Good Is A Lease Guaranty After The Original Term Expires?

PrintIt’s a funny thing about this business. After all is said and done, you still need to know the “law.” And, by “law,” we aren’t thinking about the “law in general.” Instead, we are thinking about the “law” in the … Continue reading

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Union Tank v. NuDevco Partners — Lease Guaranty Agreement Not Covered by the UCC Appellate Court Rules — Chicago Uniform Commercial Code Attorneys Near Oak Brook

When a holding company guaranteed lease that a subsidiary assumed for railcars, and then failed to honor guaranty when subsidiary defaulted on the lease, judgment in favor of railcar supplier was affirmed. The appellate panel found that the holding company’s … Continue reading

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