Professional Services Agreements in Construction Live Webinar

Commercial Lease Termination – Live

$149.00

SKU: 410004-live

Description

Date: June 15 2022, 1:00 – 2:05 pm EST

 

Lease terminations are complex – learn what you can do when it’s time to say goodbye.

The end of a lease is just as important as its beginning. A clean break will provide peace of mind and hopefully new revenue and collection of any past due rent. When the appropriate steps are taken, landlords can quickly recover their property and protect their investment. The topics covered in this presentation will provide a greater understanding of complex issues associated with the termination of a commercial lease agreement.

 

Learning Objectives

  • You will be able to describe steps that should be taken before signing the lease that will give you an edge in termination.
  • You will be able to discuss the different ways a lease terminates and why it matters.
  • You will be able to explain the importance of a clear termination and release.
  • You will be able to identify steps to an effective and efficient lease termination.

 

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Introduction
Lease Basics; Pre- and Early Negotiation Considerations
  • What Is a Lease?
  • What Is a Contract?
  • Commercial Lease vs. Residential Lease
  • Pre-Negotiation Steps
  • Early Negotiations
Drafting Tips to Give You an Edge in Termination
  • Leases Generally Drafted by Landlord
  • Key Provisions/Considerations Affecting Termination Rights
Different Ways a Lease Terminates and Why It Matters
  • Other Ways a Lease Can Terminate
  • Why the Method of Termination Matters
Steps to Effective and Efficient Lease Termination
Legal and Practical Considerations
Termination and Bankruptcy
  • Bankruptcy Limitations on Landlords’ Remedies
  • 362 (b)(10) Exception Only Applies to Leases Terminated by the Expiration of the Stated Term of the Lease
  • How Do You Get Relief From the Automatic Stay?
  • Ipso Facto Provisions Not Enforceable
  • Trustee’s Rights and Responsibilities Under Section 365
  • Consequences of Rejection If Landlord Is a Debtor
Questions and Answer
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  • AK CLE 1.0
  • Alaska attorneys may receive 1.0 hours of continuing legal education for completing this program. Please contact the Alaska Bar Association or go to www.alaskabar.org for details regarding reciprocity with other states.
  • AL CLE 1.1
  • This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.1 hours credit.
  • AR CLE 1.0
  • This course has been approved for 1.0 hours of CLE by the Arkansas CLE Board.
  • Arizona CLE 1.0
  • The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1.0 hours toward your annual CLE requirement for the State Bar of Arizona.
  • CA MCLE 1.0
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hours of participatory credit.
  • CT CLE 1.0
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
  • GA CLE 1.0
  • This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.0 CLE hours.
  • HI CLE 1.0
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.0 CLE credit hours.
  • IL CLE 1.0
  • This course was approved for a total of 1.0 hours of MCLE Credit by the Illinois MCLE Board.
  • IN CLE 1.1
  • This program has been approved by the Indiana Commission on Continuing Legal Education. Participating attorneys are eligible to receive up to 1.1 hours of Distance Education credit.
  • MN CLE 1.0 (Pending)
  • This program has been submitted to the Minnesota Board of Continuing Legal Education. Approval pending.
  • MO CLE 1.3
  • This program has been approved by the Missouri Bar for 1.3 hours of CLE.
  • MS CLE 1.1
  • This program has been approved by the Mississippi Commission on Continuing Legal Education for a maximum of 1.1 credit hours.
  • NC CLE 1.0
  • This program has been approved by the North Carolina State Bar Board of Continuing Legal Education for 1.0 CLE hours.
  • ND CLE 1.0
  • This program has been reviewed by the North Dakota Commission for Continuing Legal Education and approved for 1.0 hours of CLE credit.
  • NH MCLE 1.0
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 60 Minutes.
  • NJ CLE 1.3
  • This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.3 hours of total CLE credit.
  • NM CLE 1.0
  • This program has been approved by the New Mexico Minimum Continuing Legal Education Board for 1.0 hours of credit.
  • NV CLE 1.0
  • This program has been approved by the Nevada Board of Continuing Legal Education for 1.0 CLE hours.
  • NY CLE 1.0 including Areas of Professional Practice 1
  • This course has been approved in accordance with the requirements of the New York Continuing Legal Education Board for up to a maximum of 1.0 credit hours in the area(s) of Areas of Professional Practice for 1.00 hour. Each hour may be counted only as satisfying one category of credit. Duplicate credit for the same hour of instruction is not permitted. This course qualifies for both established and newly admitted attorneys. Lorman Business Center, LLC. has a financial hardship guideline. Please contact customer service at 1.866.352.9539 for instructions on how to apply.
  • OH CLE 1.25 (Pending)
  • This course has been submitted to the Supreme Court of Ohio Commission on Continuing Legal Education for 1.25 CLE hours. Approval pending.
  • PA CLE 1.0
  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.0 hours of substantive law, practice and procedure CLE credit.
  • RI CLE 1.0
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.0 hours of CLE credit.
  • TN CLE 1.08
  • This program has been approved as a distance learning format by the Tennessee Commission on Continuing Legal Education for a maximum of 1.08 hours of credit.
  • VA CLE 1.0 (Pending)
  • This program has been submitted to the Virginia Mandatory Continuing Legal Education Board for 1.0 CLE credit hours.
  • VT CLE 1.0
  • This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.0 hours of CLE credit.
  • WA CLE 1.0
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.0 hours of Law & Legal Procedure credit.
  • WI CLE 1.0
  • This program has been approved by the Board of Bar Examiners for 1.0 hours for use toward the Wisconsin Mandatory CLE requirement.
  • WV MCLE 1.3
  • This program has been approved by the West Virginia State Bar MCLE Commission for 1.3 MCLE hours.
  • CPE 1.2 including Business Law 1.2
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Kirk B. Burkley, Esq.

Bernstein-Burkley, P.C.

  • Managing Partner of Bernstein-Burkley, P.C.
  • Practice emphasizes all aspects of bankruptcy and restructuring, creditors’ rights, business and corporate transactions, litigation, real estate, and oil and gas
  • Conducts regular seminars/live webinars and workshops on bankruptcy, creditors’ rights, and oil and gas
  • Author of several publications related to the bankruptcy field, with work appearing in ABI Journal, Equipment Leasing Newsletter, Pennsylvania Association of Credit Managers Newsletter The Creditor, and more
  • Emeritus Board Member of the American Board of Certification, past President of the American Board of Certification (2020), past president of Turnaround Management Association, member of Allegheny County Bar Association, American Bankruptcy Institute
  • J.D. degree, University of Pittsburgh School of Law; B.S. degree, Ohio University
  • Can be contacted at 412-456-8108 or kburkley@bernsteinlaw.com

Brian W. Walsh, Esq.

Bernstein-Burkley, P.C.

  • Associate Attorney with Bernstein-Burkley, P.C.
  • Practice focuses on corporate and commercial business transactions, counseling on general business and corporate law matters, real estate, commercial leasing, land use and development, and acquisition and disposition of real property
  • Member of the Pennsylvania Bar Association and the Allegheny County Bar Association
  • J.D. degree, summa cum laude, Duquesne University School of Law; M.B.A. degree, high honors, Duquesne University Graduate School of Business; B.S.B.A. degree in finance, John Carroll University
  • Can be contacted at 412-456-8161 or bwalsh@bernsteinlaw.com
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