Q&A With Kirton & McConkie's William Meaders

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Law360, New York (February 16, 2012, 1:27 PM ET) -- William A. Meaders Jr. is a member of the real property and land use planning practice section at Kirton & McConkie PC in Salt Lake City, and sits on the firm’s board of directors. His practice emphasizes real estate and commercial transactions and disputes as well as lending law. He represents buyers, sellers, developers and lenders in the financing, acquisition, leasing and sale of commercial and industrial properties, and in basic shopping center development, including both anchor tenant and small tenant leasing.

Q: What is the most challenging case or deal you have worked on and what made it challenging?

A: I have found that the most challenging cases are not necessarily those that are the largest or most complex. Instead, the most challenging matters I’ve ever worked on are those where there is a lack of trust between the parties or where there are personality issues.

Take, for example, a case I worked on involving water rights. My client had purchased some water rights in connection with the purchase of a large tract of real estate. The owner of an adjacent farm maintained that the party who sold the water rights to my client had no right to do so and that he (the farmer) was the rightful owner. The first communication from the attorney for the farmer was a demand in very strong terms that my client convey the water rights to his client immediately.

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Published In: General Business Updates, Finance & Banking Updates, Commercial Real Estate Updates, Residential Real Estate Updates, Zoning, Planning & Land Use Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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