Special Report on
General Assignment of Rents
General Assignment of Rents - Trends
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Demonstrating how far some courts will stretch the concept of “owner” liability under CERCLA, a federal judge in Illinois recently held a lessor of equipment used at a contaminated site liable as a facility “owner” under CERCLA. The case, United States v. Saporito , 2010 WL 489703 (N.D. Ill. Feb. 9, 2010), involved contamination at a metal plating facility, and the defendant leased equipment used in the plating process to the facility. Although the court attempted to limit its decision to the facts, the opinion fails to provide a meaningful explanation as to why its theory of liability would not also ...
Assignment and Assumption of Contracts General Rules The lease is a mixture of benefits and obligations, which can be unilateral or bilateral. The “assignor”, or a party to a lease, can assign the benefits to a third party, the “assignee” … Continue reading → […] ASSIGNMENT OF LEASES, RENTS, NON-DISTURBANCE, AND ATTORNMENT: Potential Conflicts and Exceptions In the previous instalment, we discussed the difference between lease and rents and left open the manner of their registration. It is a fait accompli that an assignment of rents could be registered in Land Titles. As the right ... Read More
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GENERAL ASSIGNMENT OF RENTS
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Journey to Become a Diplomat - George Cunningham
- Esme Caramello's presentation - Preserving Section 8 tenancies ...
- Microsoft PowerPoint - CA Hot Topics Webinar 11 18 09.PPT