by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Co-Tenancy Clause? A co-tenancy clause refers to a provision in a retail lease contract that permits tenants to reduce their amount of rent if a number of tenants leave the rental space. Some tenants are known to attract more traffic, especially in malls. It...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is the Certificate of Acceptance? A certificate of acceptance (COA) refers to certificates that are issued by a local authority for non-consented building-related work. Basically, it is acceptance by the building authority of work that was done without the...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is a Cooperation Clause in Insurance? The cooperation clause refers to an insurance contracts passage requiring the holder of the policy to work closely with the insurer whenever a policy claim arises. As per the policy agreement, it is mandatory for him or her...
by Jason M. Gordon | Feb 23, 2025 | Legal Disputes - Civil & Criminal Law
What is Stare Decisis?Stare decisis is a lawful rule that asks courts to take inspiration from previous cases while judging a case of a similar nature. This doctrine makes sure that cases having the same facts and circumstances are handled in a similar manner. In...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is a Standstill Agreement?A standstill agreement is a type of anti-takeover measure. More specifically, it refers to a contract that decides how an organizations takeover bidder can buy, sell, or vote stock of the target entity. When organizations are unable to...
