Case Study: Green Tree V. DBSI Landmark Towers

Law360, New York (October 26, 2011, 5:22 PM EDT) -- It is not uncommon for complex commercial real estate transactions to involve numerous parties and investors and overlaying agreements. One such structure involves a master lease for commercial space and sublease to an actual end-user of that space.

The master lessor may sell interests in the master lease to third-party investors based upon the income generated from the sublease. To protect the interests of the ultimate owners/investors, the sublease may include an attornment provision whereby the subtenant agrees to allow the investor/owner to step into the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.