November 25, 2020

TEN THINGS WE DO TO SAVE OUR TENANT CLIENTS MONEY

Author: Scott Hargadon

CONTACT 125 S. Wacker Drive, Suite 2900Chicago, Illinois 60606T: 312-461-4314F: 312-987-9854E: shargadon@mpslaw.com Many clients, including companies who have multiple locations and those that don’t, believe that they don’t need to have a “tenant lawyer” involved in a lease transaction because they believe 1) their corporate counsel or general real estate attorney can adequately advise them…

November 6, 2020

PROCEED WITH CAUTION WHEN REJECTING A SUBTENANT’S PROPOSED SUBLEASE ASSIGNMENT

Author: Samuel J. Schumer and Laura M. Carroll

Our leasing team recently encountered a somewhat unique scenario in the commercial leasing arena involving an office sublease between affiliates and the potential pitfalls of a spinoff of the subtenant into its own independent entity. The tenant/sublandlord was particularly concerned about the prospect of one of its competitors acquiring the subtenant after the spinoff is…