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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Articles contributed by SIBETH

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Priority rental rights in insolvency

November 2011 - Real Estate & Property. Legal Developments by SIBETH .

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Parties to rental contracts for commercial premises often agree priority rental rights. In practice, this concept is used to cover a whole series of legal structures. These range from fixed options for the tenant to a promise made by the landlord as a business policy that if any additional premises become available, they will be offered to the tenant. In 2010 the Berlin Court of Appeal issued a ruling on such priority rental rights in insolvency; the decision has recently been published.

Finance for small and medium enterprises in times of fi nancial crisis

May 2009 - Corporate & Commercial. Legal Developments by SIBETH .

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Since the collapse of Lehman Brothers in September 2008, the global fi nancial crisis has intensifi ed dramatically and grown to become a world-wide economic crisis. The conventional fi nance and banking system has imploded and is experiencing a “melt-down”, and it is uncertain how it is going to end.

Legislation - optimistic start for G-REITs ?

July 2007 - Real Estate & Property. Legal Developments by SIBETH .

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On 23 March 2007, the German lower house (Bundestag) passed a bill governing the creation of public limited real estate companies in Germany with listed shares (REIT Act). The draft bill was presented in detail in our last Newsletter. Following partial realisation of the amendments requested by the German upper house (Bundesrat), the REIT Act was approved by the latter at a meeting held on 30 March 2007. It now only requires execution by the German President and publication in the Federal Law Gazette to take retroactive effect as of 1 January 2007.