What happens to your out of home company if something happens to you? This is a huge consideration for you if you have a small out of home company and your spouse is not active in the business. Here are three musts for a good succession plan. A Will If […]
Tag: legal
OOH Lawyer Jennifer Sloane on Protecting Your Easements
Law Firm: Sloane Law Office Address: Orlando, Florida Email: JSloane@Sloanelawoffice.com Phone: 407-599-7400 Out of home lawyer Jennifer Sloane of Sloane Law Office represents out of home companies all around the country. We know she’s active because she’s represented several out of home companies which have done business with our Billboard […]
Andy Goodman on Out of Home Lease Easements
Billboard Insider asked out of home leasing and development expert Andy goodman to review and comment on a standard out of home advertising lease. Today he looks at the easements and access section of the lease. We’ve put Andy’s comments in red. Easement. Lessor also hereby grants to Lessee the […]
Andy Goodman Reviews the Beginning of an Out of Home Lease
Billboard Insider asked out of home leasing and development expert Andy Goodman to review and comment on a standard out of home advertising lease. Today he looks at the beginning of the lease. We’ve put Andy’s comments in red. Lease Agreement Lease # _________________ I’ve worked for a lot of […]
Daktronics Update
A couple of developments after Daktronics’ earnings call going concern surprise. Class action law firms are circling. When any public company makes a big negative announcement, the class action law firms emerge from their burrows to compete for shareholders who feel they were injured by the announcement. Here is a […]
A Right of First Refusal Holds Up in Court
Many out of home leases have a clause allowing the out of home company the right of first refusal to purchase property if it is listed for sale. Will a right of first refusal hold up in court? Yes, according to Adams Outdoor versus Todd Tarr and Shirley Buchner. Here […]
Are You Complying with Sales Tax Laws?
From Jennifer Sloane, Sloane Law Office As I work on closing another purchase agreement for a client, where it was discovered in due diligence that the seller failed to pay applicable sales taxes during its ownership of the assets, I am compelled to write this article in an effort to […]
Record Your Leases
Record your leases. Record your leases. Record your leases. That’s the lesson of Peck v Milford Hunt Homeowners. Here are the facts. On March 2, 1999 Riverview Chase Associates an entity in which Arnold Peck was an investor, sold a parcel of land in Milford, Connecticut to T&M Homes, LLC. […]
Federal Appeals Court Says Kentucky’s Billboard Law Undermines Free Speech
A federal appeals court upheld a lower court ruling that Kentucky’s billboard violates constitutional protection of free speech. Bottom line: the US Sixth Circuit Court of Appeals repeated its legal standard. That standard says regulations which distinguish between on-premise and off-premise signs are based on content, and, therefore, violate the […]
Billboard Legal: A Tax Foreclosure Doesn’t Create Billboard Ownership
Acquiring land via a tax foreclosure doesn’t give a company ownership of a billboard. That’s the lesson of Outfront vs CYA Properties. Here are the facts: In 1971 OUTFRONT leased vacant land in Wayne County, Michigan to install a billboard. The lease was renewed several times, most recently in 2009. […]