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July 2010

Brian Frasch and Megan Adeyemo Present at BOMA 2010

Commercial Lease Work-Outs and Litigation in the New Economy

The Building Owners and Managers Association (BOMA) held its annual international conference at the Long Beach Convention Center from June 27-29, 2010.  On June 28, Brian Frasch and Megan Adeyemo joined a Director of Cushman & Wakefield to provide a presentation entitled, Commercial Lease Work-Outs and Litigation in the New Economy. The presentation addressed new developments in commercial landlord-tenant litigation, the potential impact of federal bankruptcy laws, and the complex set of regulations governing situations where tenants face financial difficulties.  The presentation was prominently featured as one of only two sessions focusing on the legal aspects of the commercial real estate market, and the conference materials specifically noted that "California often leads the markets—in asset value and prices and in regulatory challenges. From mandatory energy benchmarking to bankruptcy law, California's regulations are often adopted by other states."

BOMA International represents 92 local associations throughout the United States and 13 affiliates in Australia, Brazil, Canada, Finland, Indonesia, Japan, Korea, Mexico, New Zealand, the Philippines, Russia and South Africa. BOMA's 16,500-plus members own or manage more than nine billion square feet of commercial properties in North America.  BOMA International's members are building owners, managers, developers, leasing professionals, medical office building managers, corporate facility managers, asset managers, and the providers of the products and services needed to operate commercial properties.  For more information about BOMA, please click here.

Megan M. Adeyemo