The widely used Greater Boston Real Estate Board (GBREB) standard form of purchase and sale agreement has a disclaimer whereby... Read More »
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Legislation Resolves Problems Affecting Commercial Leases Created By 2011 SJC Decision – Bishop v. TES Realty Trust
Marking the successful conclusion of a campaign spearheaded by the ICSC Massachusetts Government Relations Committee, of which Sherin and Lodgen... Read More »
Supreme Court Affirms Secured Creditors’ Right to Credit Bid
At the end of its most recent term, the U.S. Supreme Court unanimously affirmed the rights of secured creditors to... Read More »
New Markets Tax Credit Update -Renewal of Popular Program Pending in Congress
The New Markets Tax Credit (NMTC) is a popular program, with a proven record of job creation and economic development... Read More »
No writing? No problem. When a Purchase & Sale may be found enforceable
On May 22, 2012, a judge of the Middlesex Superior Court found that a buyer and seller intended to be... Read More »
LEED Certification – Worth the Cost?
Dana Developer has just acquired a coveted brownfield site in Blackacre and is planning to construct a 300,000 square foot... Read More »
5 Elements to Include in Collateral Assignment of Lease/Landlord’s Waiver
Landlords of commercial properties are often asked to sign a collateral assignment of lease and a waiver of the landlord’s... Read More »
Proposed Changes to Rules for Loan Purchases, Sales and Participations by Massachusetts-Chartered Credit Unions
Last month, the Division of Banks issued proposed changes to its parity rules intended to clarify and arguably expand the... Read More »
1031 Exchanges: 3 Common Pitfalls to Avoid
Unless Congress comes to terms with itself before year’s end, all indications point to rising income tax rates next year. One... Read More »
Liquor License Applications – Counsel and Patience Required
In their two-page “How to Get a Liquor License in Massachusetts” article, the instructional website eHow.com claims: “applying for your... Read More »
Gaming in Massachusetts: What are the stakes to play in the new regulatory system?
On November 22, 2011, Governor Deval Patrick signed into law An Act Establishing Expanded Gaming in the Commonwealth (the “Act”),... Read More »
U.S. D.O.J. Extends ADA Compliance Date For Pools And Spas
Public accommodations with pools and spas built before March 15, 2012 now have until January 31, 2013 to comply with... Read More »