People raising money for a small business or real estate investment may be surprised that they are selling investment contracts subject to federal and state securities laws.
Read MoreProspective tenants should know the differences between commercial lease types so they can understand the total lease cost and the risks they are assuming.
Read MoreDifferent aspects of the financing process occur at different points in the real estate transaction. Yet, most real estate buyers depend upon the money from mortgage lenders to buy the property; the real estate transaction cannot occur without financing.
Read MoreFrom a legal perspective, renovating a historic building is not for the faint of heart. In addition to obtaining the building permits and inspections required for any construction project, renovation of a historic building may trigger additional legal requirements, including the ADA.
Read MoreLis pendens puts prospective real estate buyers on notice that the lawsuit is pending. If they take title to the real estate, they do so at their own risk, and the results can be brutal.
Read MoreOriginally in residence at Cleveland Institute of Music, the Cleveland Quartet moved together as a quartet to State University of University of New York at Buffalo and then to Eastman School of Music. During the quartet’s history, some musicians left the quartet and were replaced. But in 1995, the quartet decided to disband. Years of international travel had taken their toll, and the musicians wanted to pursue other interests including, teaching and orchestral work. Real estate co-owners may make similar decisions to change investments or terminate their relationship.
Read MoreAt 90 minutes in length, Mahler’s Sixth is a true endurance piece. Consisting of four movements. Performance of a symphony of that length typically leaves orchestra musicians and conductors dripping in sweat as if they had just finished the New York Marathon, rather than played in the New York Philharmonic. Although surviving a symphonic performance or running a marathon frequently is synonymous with accomplishing a huge feat, survival has a different meaning in contracts.
Read MoreWolfgang Amadeus Mozart and Franz Schubert both died in Vienna while still in their thirties. Each left an unfinished work which has become a staple in the classical music repertoire. Likewise, contracting parties may leave contracts incomplete or "unfinished."
Read MoreString players may rehair their bows several times a year, because the type, quality, length, and condition of the bow hair impact the sound a violin produces. Sometimes contracts must be amended to replace the original contract language.
Read MoreDespite the bridge’s conspicuous position on the top of the violin and its importance to the sound produced, non-violinists aren’t likely to give it a second glance. The same is true of successors and assigns clauses in contracts. The language isn’t hidden; yet, contracting parties may not even read them before signing the contract.
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