When you sell out of home assets, you make reps and warranties to the buyer. There are two approaches. Full reps and warranties This is the best way to get top price for your out of home assets. Sellers will pay more if you agree to this long list of […]
By Richard Rothfelder, Rothfelder & Falick An all too familiar piece of correspondence received by our billboard clients from TxDOT or other State DOTs is the Notice of Administrative Penalties or Notice of Illegal Sign. You know the form, in which TxDOT recites vague factual allegations, which in turn supposedly […]
At the fall IBO Conference, Josh Feferman, owner of Primary Media, was on Billboard Insider’s panel along with his attorney Chris Rothfelder. They shared a story about a landlord dispute that took up the morning, the day of the panel. Insider was glad they returned in time to share. Josh […]
Neil Bell, owner of New South Outdoor, shared his thoughts on growing a business on a panel moderated by Billboard Insider at last weeks IBO Fall Conference. Neil, share with a few details about you and your business. I was 22 years old, just out of college, started with […]
Billboard Insiders’ panel at the IBO conference last week included Kerry Yoakum, General Counsel with Link Media Outdoor, where he shared his work experience and his unique perspective of the OOH industry, working from the inside of a larger regional billboard company. Kerry shared about his work background I began […]
Today, as I drove down a Central Florida roadway, I saw evidence of proactive steps taken by Outfront in anticipation of Hurricane Milton. Outfront had cut holes in the vinyls on both sides of a board. Kudos to Outfront. Sadly, I could not say the same for boards owned […]
As usual, Becky Smith, Chris Cowlbeck, Sarah Davis, and the rest of the outstanding crew at IBO have scheduled a fun and educational Fall conference. This year, we’ll be meeting at the Sheraton Ft. Worth Downtown Hotel, from October 8 through 11. The agenda is packed full of great presentations, […]
It has been about five years since we last visited the town of Wenatchee, Washington which brought up the issue of amortization that we weighed in a separate article. The city of Wenatchee passed an ordinance in 2019 calling for the elimination of all billboards by 2030. KPQ.com writes that […]
Reps and warranties matter when you sell out of home assets. That’s the lesson of Landmark Infrastructure vs R.E.D. Investments. Here are the facts. Landmark Infrastructure paid $902,358 for the right to receive rent under a billboard lease with a 99 year easement on property owned by R.E.D. Paragraph […]
Last week, Billboard Insider reported on the required grounds to cancel an outdoor advertising contract, as demonstrated in the Arizona case of Outfront Media vs Hart & Assoc. Specifically, “notice of termination of a contract must be clear, positive and unequivocal,” according to the Court. As such, the comment from […]
