Landlords and other holders of standby letters of credit will be surprised to learn about Friday’s important Massachusetts Appeals Court opinion, Proquip Limited vs. Northmark Bank. The holder (known as the beneficiary) has access to cash up to the full amount of the letter of credit by “drawing down” on… Read More
In an interview with The Real Reporter, Eric A. Allon recently shared his thoughts on Mayor Wu’s new proposals concerning real estate developments in Boston. The views expressed in this interview are Eric Allon’s and do not necessarily reflect the opinions of Bernkopf. Read the full article here.
READ MOREBernkopf announces it has received top rankings in both the national and Boston metropolitan markets of the U.S. News – Best Lawyers® 2023 edition of “Best Law Firms.” Firms included in the “Best Law Firms” rankings are recognized for professional excellence and have impressive ratings from clients and peers. Read More
At 9 am on Wednesday, March 2, 2022, join us for a webinar led by Eric Allon, a business and commercial real estate partner at Bernkopf Goodman and featuring panelists: Jesse Baerkahn, Founder of Graffito SP, a Strategic Partner to landlords, tenants, and developers focused on ground floor activation of… Read More
In H1 Lincoln, Inc. v. South Washington Street, LLC, et al. (Lincoln), the Massachusetts Supreme Judicial Court (SJC) affirmed a multi-million dollar verdict against a landlord for bad faith business practices against its tenant on the “Auto Road” in North Attleborough. The SJC grounded its decision on the landlord’s commercially extortionate… Read More
Legal Judg(e)ments Podcast, Season 1, Episode 1 Bob is joined by Andrea Martin to discuss her groundbreaking case of UMNV 205 – 207 Newbury LLC v. Caffe Nero Americas, Inc. They also discuss how swimming led to this momentous application of the doctrine of frustration of purpose in the middle of a pandemic. Read More
Bernkopf Goodman LLP is pleased to announce that partner Allen D. Hankins will be honored tonight as a 2021 “Up & Coming Lawyer” by Massachusetts Lawyers Weekly during the annual Excellence in the Law event. The award recognizes local attorneys who have been practicing for ten years or less and… Read More
On December 27, 2020, the second CARES Act was signed into law, providing an additional $900 billion in pandemic relief. Less publicized are several changes the Act made to the United States Bankruptcy Code that are applicable to commercial landlords, tenants, and suppliers. A summary of these changes follows: Altered… Read More
In recently signing legislation providing for $626.5 million to be spread around the Massachusetts economy over the next five years, Governor Baker exercised his pocket veto to strike certain provisions within House Bill 5250 (https://malegislature.gov/Bills/191/H5250). Bill H.5250 included a controversial provision that would have granted tenants a right of… Read More
In a case of first impression in Massachusetts, Suffolk Superior Court Judge Michael D. Ricciuti has ordered a real estate developer to pay its general contractor $4,600,109.24 within 45 days as a consequence of the developer’s failure to comply with the Massachusetts Prompt Payment Act, G.L. c. 149, § 29E… Read More