Recent News and Transactions

Our roster of attorneys includes several whose professional insights and viewpoints are in demand, and publish frequently in law bulletins and industry publications. A sampling of recent articles and blog posts are linked here, along with press releases and announcements regarding MPS Law personnel and company news.

October 13, 2020

Q AND A: HOLLY SHUMAN ON GETTING THE DEAL DONE FOR HER CLIENTS

For the past six years, MPS Law associate Holly Shuman has focused on real estate transactions. A rising star within the field, Holly recently sat down to talk about MPS Law’s unique approach to representing tenants and the future of commercial leasing. Tell us a little about yourself, and how you became interested in commercial…

August 27, 2020

Q AND A: SCOTT HARGADON ON THE IMPORTANCE OF REPRESENTING TENANTS

Scott Hargadon is one of the leading tenant lawyers in the country, representing major corporations, mid-market companies, and entrepreneurial ventures in office and industrial/warehouse leases throughout the United States and Canada. Scott sat down recently to talk about the importance of specialization, negotiating in tough markets, and how COVID-19 has affected tenants. Why did you…

July 30, 2020

INSURANCE ISSUES IN SINGLE TENANT LEASES

Author: Scott Hargadon

In 2020, I have represented tenant clients on three significant single tenant lease transactions, the term I use when a tenant is leasing an entire building. The landlords in these transactions approached insurance issues quite differently and it provided the opportunity for me to consider what are the best practices for tenants when leasing all…

July 15, 2020

TEN THINGS TENANT BROKERS SHOULD DO IN LETTERS OF INTENT

Author: Scott Hargadon and Holly Shuman

As leasing attorneys for tenants, we read many letters of intent (“LOI”) as part of our job. Some are excellent, providing a concise description of the parties’ business deal. Others raise more questions than they answer. We applaud brokers who do a thorough job with LOIs because during the LOI negotiations, a tenant’s negotiating leverage…

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Recent Transactions

This section is devoted to a sampling of representative case summaries showcasing recent successes by MPS attorneys in both transactional and litigation arenas. Check back often for more results, as we update the list periodically.

Closed on the acquisition of a Rockford area site for a new store on behalf of a leading national big box retailer.

Closed a $35 million ADC loan for a Colorado bank financing residential development in the Denver metro area.

Assisted in the operational split between two co-owners of a significant franchise operation with over $40 million in annual revenues.

Obtained dismissal with prejudice of a bankrupt benefit recipient’s motion for sanctions against our client, a leading third-party claims and benefits administrator.

Engaged as Midwest regional outside counsel for a leading commercial real estate lender.

Facilitated the closing of a nearly $3 million asset sale for a household lift installation firm that we previously assisted in a major asset purchase over a decade ago.

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“We’re ready to take the next step. The first was leaving the big firm that was growing too fast. Then it was opening the Chicago office because we needed to grow. Now it’s a matter of changing to meet changes in the market – growing smarter, not bigger. That’s the next step and we’re taking it.”