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You’re familiar with the boilerplate provisions, often under “Miscellaneous” at the end of a lease. Despite their B-side placement within the lease, these clauses can contain key lease terms. From integration and force...more
Womble Bond Dickinson Partners Kristen Thall Peters, Tara Gorman, and Jeff Golimowski, members of the Womble Data Center Team provide guidance for data center developers acquiring real estate....more
While we hope the virus will soon be a thing of the past, some contractual provisions and issues are sure to become part of real estate professionals’ new normal. As a result of lessons learned from the pandemic, most real...more
A recent decision from the Southern District of New York may pave the way for broader excuse of performance in COVID-19 force majeure litigation after finding the pandemic is a “natural disaster” that is beyond the parties’...more
In the wake of the coronavirus, businesses and courts remain shuttered as a result of stay-at-home government orders. Businesses and organizations are grappling daily with the changed circumstances that the virus brought....more
On March 13, 2020, the United States declared a national emergency related to the rapid, global spread of COVID-19, the disease caused by the novel coronavirus, SARS-CoV-2. The retail industry has been feeling the fall-out...more
Force majeure events will delay a party’s obligation to (i) complete construction, repairs and lease required alterations, (ii) open for business, (iii) operate for business, and (iv) to deliver possession. In order for the...more
With the growing threat of coronavirus (COVID-19), the adverse impact on businesses and the U.S. and global economies remains uncertain. Every market sector has been directly impacted by the pandemic amidst measures being...more
Katten’s Real Estate Group has been closely monitoring developments with respect to the spread of the novel coronavirus (COVID-19) and related economic, legal and public policy developments. We have also been in conversations...more
State and federal laws are changing every day with respect to the novel coronavirus called COVID-19. As the laws related to your business change, we will continually keep you updated. Here are some guidelines to follow as we...more
The COVID-19 pandemic is disrupting the world's economy in ways that were unimaginable a few weeks ago. Will this disruption excuse you or your counterparty's contractual rights and obligations under real estate related...more
As the country grinds to a halt during the public health emergency, many are wondering about the effect it may have on their pending real estate closings and other sales transactions....more
On Wednesday, 11 March 2020, the World Health Organization declared the spread of coronavirus a global pandemic and on Friday, 13 March 2020, President Trump declared a national emergency in the United States. Guidance from...more