Since 1974, “baseball arbitration” has been used to resolve salary disputes between ballplayers and team owners. Its primary purpose is to determine the arbitrating player’s salary based upon specific criteria to...more
9/26/2022
/ Arbitration ,
Arbitration Agreements ,
Baseball ,
Commercial Leases ,
Contract Drafting ,
Contract Negotiations ,
Contract Terms ,
Fair Market Value ,
Landlords ,
Property Valuation ,
Tenants ,
Valuation
Currently, 38 states (including Pennsylvania and New Jersey) have legalized the use of marijuana for medical use and 19 states (including New Jersey) have legalized its use for recreational purposes. However, under...more
8/17/2022
/ Cannabis-Related Businesses (CRBs) ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Tenants ,
Contract Terms ,
Controlled Substances Act ,
Decriminalization of Marijuana ,
Dispensaries ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Recreational Use ,
State and Local Government
With COVID-19 not yet contained, many commercial tenants are uncertain of how much office space they will need in the future. Adding a contraction option to a lease agreement allows the parties to adjust the amount of space...more
Landlords, Now Is the Time to Mitigate Your Damages -
Essentially every sector of the economy is seeing effects caused by the daily developments of the COVID-19 pandemic. Amongst the uncertainty of today, it is important...more
Why are HVAC provisions important in a commercial lease?
The repair, maintenance and replacement of an HVAC system can be very costly. It is not uncommon for a dispute to arise regarding a problematic HVAC after a...more
A lease guaranty is a valuable tool that provides commercial landlords with additional security. This is especially true in the case of leasing to a corporate tenant without sizable assets or an established operating history....more
Pennsylvania is one of the few states that permit a commercial landlord to obtain an almost immediate judgment against a defaulting tenant without requiring the landlord to go through the process of providing the tenant with...more
4/30/2019
/ Commercial Leases ,
Commercial Tenants ,
Contract Drafting ,
Contract Negotiations ,
Contract Terms ,
Default ,
Default Judgment ,
Landlords ,
Money Judgment ,
Notice Requirements ,
Right to Possession