self
The Property Line is a brief and lively discussion of the
biggest issues facing the commercial real estate industry. The
podcast will deliver insights from Seyfarth s real estate
lawyers and other industry leaders on current market trends and how
they impact all facets of commercial real estate.
A Wake Up Call For Commercial Landlords: Caffé Nero and
Frustration of Purpose
Old common law doctrines are not dormant and may enable tenants
to avoid the payment of rent due to government shutdown orders
during the pandemic. As more cases are tried, a jurisprudence
regarding these doctrines and their applicability to the pandemic
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Tax Facts is the newest podcast from Buchanan Ingersoll &
Rooney all about the world of tax law and new changes that affect
businesses and investors alike.
On our first episode, Lisa Starczewski and Lafe Metz of Buchanan
Ingersoll & Rooney discuss the world of Opportunity Zones,
important deadlines for the program, and what the future holds for
this valuable tax-incentive-laden investment tool.
Lisa Starczewski is a shareholder at Buchanan and chair of the
firm s Tax section as well as its Opportunity Zones Team. Lafe
Metz is also a shareholder at Buchanan and chair of the firm s
Published in NH Business
Review 3/26/2021
Under federal environmental laws, purchasers of commercial real
estate who conduct an environmental due diligence inquiry may be
entitled to rely on safe harbor provisions under federal law
limiting otherwise unlimited cleanup response costs should
contamination be discovered after purchase. This is
especially significant if contaminated groundwater, for example,
has migrated off site.
Under the Comprehensive Environmental Response, Compensation,
and Liability Act, commonly known as CERCLA, if hazardous
substances are found on a property, the owner of the property is
generally liable for the costs of cleanup. Purchasers of
commercial properties want to know what they are purchasing,
Data centers are unique assets with specialized security, communications, cooling, and power needs. Data center leases are structured to address these needs and include rental and other provisions .
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Congress passed new, temporary bankruptcy relief measures late
last year that impact certain commercial landlords and tenants.
Among other things, the new legislation, which was signed into law
on Dec. 27, 2020: 1) extends commercial rent forbearance for
certain small business tenants experiencing material financial
hardship related to the COVID-19 pandemic, 2) lengthens the time
period for commercial tenants to assume or reject a commercial
lease, and 3) establishes protections for certain commercial
deferred rental payment agreements.
Extended Commercial Rent Forbearance
Description of Change: In general, a
commercial tenant in bankruptcy must pay its rental obligations as