Blogs

2 years 7 months ago

five-star“You were very nice and caring. R.G.
maze
I cannot thank you enough Diane for taking the time to speak with me. Your website has so much information and very helpful. You were very nice and caring.
Appreciate youR.G.
 
 

The post Diane – you were nice and caring. appeared first on Law Office of D.L. Drain, P.A., Arizona Bankruptcy Lawyer.


2 years 7 months ago

 ● Jim Shenwick, Esq has  a specialty in commercial leasing (he has represented over 300 tenants and landlords in commercial lease negotiations).   ●Representative Manhattan transactions include the following: (a) represented over 250 commercial tenants representing office space in Manhattan, New York City.●Represented a Landlord who leased retail space to a Gap store in Midtown East, (b) Represented a Landlord who leased space to a coffee chain in the East 20’s, (c) Represented a private equity fund that leased office space in 7 Time Square Tower, (d) Represented a hedge fund that leased office space at 590 Madison Avenue, (e) Represented an Internet social marketing company that leased space on 23rd Street, (f) Represented a Landlord in Soho who leased space to a restaurant and food store, (g) Represented  an art gallery that moved to the West 26th Street art district (h) Represented a hair transplant doctor who leased space for an upscale hair transplant facility on Madison Avenue and (i) Represented a chain of pizza stores who leased space throughout NYC and Long Island,● Jim Shenwick, Esq. has written on the assignment/subletting of commercial leases, questions tenants need to ask Landlords before signing a commercial lease, “silent” commercial lease issues not dealt with in standard lease forms and hidden costs in commercial leases.  ● Jim Shenwick, Esq. also spoke at the Association of the Bar of the City of New Yorkon commercial leasing issues for tenants.
 At Shenwick & Associates, we have represented more than 300 tenants in commercial leasing transactions, including office tenants, restaurants & retain stores.  Any clients having questions about commercial leases should contact Jim Shenwick, Esq.   [email protected]  917 363 3391  Please click the link to schedule a telephone call with Jim Shenwickhttps://calendly.com/james-shenwick/15min
                                                              


2 years 7 months ago

  1.                  Tenant should be permitted signage (at no cost in building lobby directory, elevator, floor and door (window signage flag should be permitted for retail)  2.                  Tenant should have the right to make deliveries to the premises at any time of the day for retail use 3.                  Sidewalk maintenance & repair should not the responsibility of the retail tenant, other than snow removal  4.                  Prior approval of private carter for retail Tenant.  5.                  Tenant not have to pay Landlord’s  expenses for initial renovation plan review  6.                  Tenant's renovation plans should be approved by Landlord prior to Tenant signing the Lease                     and the standard of review by Landlord should be "NUW"-not unreasonably withheld.  7.                  Water for sink and toilet should be provided at no cost to Tenant and bills for other water uses                    should be by direct meter.  8.                  Heating should be provided to Tenant even if there is in default under the lease.   9.                  Vault taxes, if any should be the responsibility of Landlord not Tenant. 10.              Obtain a  copy of the c/o for the premises and review prior to signing the Lease. 11.              Insurance rider should be sent to insurance agent for review and comment before the Lease is signed.  12.              Construction clause, if any must be sent to the Tenant's architect for review. 13.              Brokerage clause must represent who is paying the broker and the accompanying indemnification clause  must be mutual 14.              Real Estate tax increases, should be paid over 12 months by Tenant
 At Shenwick & Associates, we have represented more than 300 tenants in commercial leasing transactions, including office tenants, restaurants & retain stores. Provided below is Part I of our Leasing Checklist.  Any clients having questions about commercial leases should contact Jim Shenwick, Esq.   [email protected]  917 363 3391  Please click the link to schedule a telephone call with Jim Shenwickhttps://calendly.com/james-shenwick/15min


2 years 7 months ago

 At Shenwick & Associates, we have represented more than 300 tenants in commercial leasing transactions, including office tenants, restaurants & retain stores. Provided below is Part I of our Leasing Checklist.  Any clients having questions about commercial leases should contact Jim Shenwick, Esq.   [email protected]  917 363 3391  Please click the link to schedule a telephone call with Jim Shenwickhttps://calendly.com/james-shenwick/15min
Lease Checklist:  1.                  Free rent?   How much? Tenant should receive 12 months rent at first year rate before rent increases in second year.  2.                  Are the premises in a land-marked building? (alterations are more difficult)  3.                  Request a  copy of the most recent tax bill and Tenant should only pay its pro rata share of taxes 4.                  Is the electricity direct meter, sub-meter or rent inclusion? 5.                  Assignment and sub-let provisions should automatically be allowed: (a) Tenant’s sale of its business, (b) merger of its business, (c) Tenant goes public, (d) assignment of  its lease to a related entity or division  6.                  Non-structural alterations should be allowed as a matter of right to Tenant  7.                  Interest on security deposit should go to Tenant without request or notice once per year and security deposit should be returned to Tenant 30 days after lease ends  8.                  Landlord should expressly consent to Tenant's particular use and assist Tenant in getting a liquor license (for a bar or restaurant)  9.                  If the premises have a sprinkler installation, who pays for monitoring, and maintenance?  10.              What is the electricity capacity of the premises wiring? Landlord should make a representation in the lease to the electrical capacity and the capacity should be sufficient for Tenant's business (important for a manufacturing or service business).Check our Blog for Part II of our Leasing ChecklistJim Shenwick, Esq


2 years 7 months ago

 Business Insider has a very helpful article on Chapter 11 bankruptcy. The article can be found at https://www.businessinsider.com/personal-finance/what-is-chapter-11-bankruptcyMany people are not aware that individuals as well as businesses can file for chapter 11 bankruptcy and that chapter 11 bankruptcy can be used to reorganize businesses as well as to sell assets.Jim Shenwick, Esq.   917 363 3391  [email protected]We help individuals & companies with too much debt!Please click the link to schedule a telephone call with Jim Shenwickhttps://calendly.com/james-shenwick/15min 


2 years 7 months ago

 The Motley Fool has an article on the repayment of SBA EIDL Loans. The article is titled 
"Took Out a Small Business Loan During the Pandemic? You May Need to Start Paying It Back"
The article can be found at https://www.fool.com/the-ascent/small-business/articles/took-out-a-small-business-loan-during-the-pandemic-you-may-need-to-start-paying-it-back/
Any clients with questions about the repayment of SBA or EIDL loans should contact Jim Shenwick, Esq.  [email protected]   917 363 3391
"We held individuals & companies with too much debt!"


2 years 7 months ago

 IMCGRUP has an article on the "Differences Between Chapter 7 and Chapter 13 Bankruptcy. The article can be found at 
https://www.imcgrupo.com/difference-between-chapter-7-and-chapter-13-bankruptcy/
Jim Shenwick, Esq.  [email protected]  917 363 3391 
"We help people & monies with too much debt". 
Please click the link to schedule a telephone call with me.
 https://calendly.com/james-shenwick/15min


2 years 8 months ago

 Chapter 11 Bankruptcy Filings Increase 83% Y/Y in February 2023  based on article in Monitor Daily. See  https://www.monitordaily.com/news-posts/chapter-11-bankruptcy-filings-in...
Jim Shenwick, Esq.  917 363 3391  [email protected]We held individuals & companies with too much debt!
Please click the link to schedule a telephone call with me.
 https://calendly.com/james-shenwick/15min


2 years 8 months ago

Are You Ten Years Out of School and Still Struggling with Student Loans? Recent student loan policy changes by the Biden Administration can help people still struggling with student loans. These are new rules making it possible to discharge your student loans in bankruptcy.  In bankruptcy, you can clear your federal student loans if you […]
The post Ten Years Out of School and Still Struggling with Student Loans? by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.


2 years 8 months ago

Are You Ten Years Out of School and Still Struggling with Student Loans? Recent student loan policy changes by the Biden Administration can help people still struggling with student loans. These are new rules making it possible to discharge your student loans in bankruptcy.  In bankruptcy, you can clear your federal student loans if you […]
The post Ten Years Out of School and Still Struggling with Student Loans? by Robert Weed appeared first on Northern VA Bankruptcy Lawyer Robert Weed.


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