AGG’s Restructuring Roundup newsletter is a monthly update of legal issues and news affecting or related to commercial litigation and bankruptcy. The newsletter is a curation of published articles and news, and contains...more
Injuries can (and do) happen when you least expect it, even in so-called safe environments like shopping malls. Whether it’s a slip and fall, a collision with a shopping cart, or any other mishap, knowing what steps to take...more
In recent months, several media outlets have reported on potential redevelopment concepts and initiatives for the Colonial Park Mall site in Lower Paxton Township and the Harrisburg Mall site in Swatara Township, both located...more
Nearly 70 years ago the American shopping mall was born in Edina, Minnesota. Southdale Mall was the idea of the Godfather of the Shopping Mall, Victor Gruen. The Austrian-American architect immigrated to the United States in...more
Barstow, California, is located in San Bernadino County in Southern California’s Mojave Desert. The city is known for being home to the Fort Irwin National Training Center and the Marine Corps Logistics Base Barstow, two key...more
After years of record budget surpluses, California now faces a projected $22.5 billion budget deficit, Governor Gavin Newsom announced last week. As part of a required adjustment in state spending, Newsom proposed cutting...more
Foreclosing on a mall or shopping center presents unique issues for a lender. Failing to anticipate these issues could cause problems, such as a lengthier foreclosure process or a lower resale value after the foreclosure....more
Less than one week into LA’s SafePass proof of vaccine requirements for businesses went into effect, the Los Angeles City Council (the “Council”) voted 10-0 to remove malls and shopping centers as covered businesses. Mall...more
The Tel Aviv Municipality sent the Ramat Aviv Mall a municipal property tax bill for its common areas. The mall’s management argued that shop tenants must pay municipal property tax payments for these areas, under their lease...more
On July 17, San Francisco Mayor London Breed announced that due to a rapid rise in new COVID-19 cases in the last month, and because San Francisco was listed on the State’s County Monitoring List (the “Monitoring List”) for...more
On June 9, 2020, Simon Property Group (NYSE: SPG), the nation’s largest shopping mall operator, announced the termination of its $3.6 billion merger agreement with Taubman Centers (NYSE: TCO). The merger agreement was signed...more
The impacts of COVID-19 have been felt in every corner of Florida and have dramatically affected the way that we do business, the way we interact, and the way we live. This article offers guidance on Florida’s progress...more
This week Governor Newsom announced new guidelines for the Phase 2 reopening of dine-in restaurants, offices, outdoor museums, shopping centers and malls. The date for reopening of these establishments will be determined by...more
Texas charges forward with phased reopening plan commencing May 1, 2020. Retail, restaurants, and movie theaters are now permitted to operate at limited capacity, with plans to expand operating capacity and add another...more
When a commercial tenant leases space in a shopping center or mall, a primary consideration for the tenant is the expected benefit to their business of the foot traffic from the customers that will be attracted to the other...more