Law Seminars International Presents

A Comprehensive Two-Day Conference

Advanced Commercial Real Estate Leases

Practical information on negotiating and enforcing commercial leases

September 18 & 19, 2006
The Gleacher Center in Chicago, IL
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Who Should Attend

Attorneys, lenders, owners, managers, brokers, leasing agents, real estate developers, and others who are involved in landlord/tenant relationships and who deal with lease negotiation, drafting, defaults, and litigation

Why Attend

This seminar will provide insightful, practical information useful to real estate lawyers, brokers, lenders, landlords, and tenants in negotiating and enforcing commercial leases. Basic concepts are explained to assure that those with less experience are not left behind, but the panel discussion and presentations quickly extend into more sophisticated nuances, often providing specific suggestions for lease provisions and ways to handle particular issues that frequently arise in negotiations and during the tenancy. The use of examples allows participants to apply the concepts to real world situations, based on the knowledge of experienced real estate lawyers, leasing agents, and other professionals in this area. A must for anyone who needs to make important decisions in commercial leasing. Program Co-Chairs: Patrick G. Moran, Esq. and Gary N. Ruben, Esq.

What You Will Learn

* Major New Developments: Updating Your Leases and Leasing Skills * Negotiating Key Lease Provisions * Current Market Conditions: Urban and Suburban * Work Letters & Construction Law Issues in Leases * Effect of Bankruptcy - New Issues * Insurance Considerations for Commercial Leases * The Dance of Negotiation * Ethical and Professional Responsibilities in Commercial Leases * Financing Consideration for Lease Negotiation * Commercial Ground Leases * Remedies and Enforcement * Assignments & Subleases * Retail and Shopping Center Leases *Making the Deal Happen

What Attendees Have Said About Similar Programs

* Great informative seminar * Great program, excellent presentations from well-respected speakers * Overall very good seminar. Covered the major points of commercial leasing. Very good presentation of assignments & subleases

Agenda

Monday, September 18, 2006
8:00 am Registration & Continental Breakfast
8:30 am Introduction & Overview
  Patrick G. Moran, Esq., Program Co-Chair
 Sonnenschein Nath & Rosenthal LLP / Chicago, IL
  Gary N. Ruben, Esq., Program Co-Chair
 Goldberg Kohn / Chicago, IL
8:45 am Negotiating Key Lease Provisions: A Panel Discussion
  Landlord's Point of View
  Stephanie B. Shellenback, Esq.
 Gardner Carton & Douglas LLP / Chicago, IL
  Tenant's Point of View
  Alvin Katz, Esq.
 Mayer, Brown, Rowe & Maw LLP / Chicago, IL
  Lender's Point of View
  Douglas L. Noren, Esq.
 Katten Muchin Rosenman LLP / Chicago, IL
10:00 am Break
10:15 am Current Market Conditions
  Urban office leasing
  David Gelfand, Esq., Executive Managing Director
 Studley Inc. / Chicago, IL
  Suburban office leasing
  Mitchell Loveman, Vice President
 Colliers Bennett & Kahnweiler, Inc. / Rosemont, IL
11:15 am Work Letters & Construction Law Issues in Leases
  Drafting work letters in leases; liens; releases and waivers; ways to guard against problems and avoid risks
  Patrick G. Moran, Esq., Program Co-Chair
 Sonnenschein Nath & Rosenthal LLP / Chicago, IL
12:00 pm Lunch (on your own)
1:15 pm Effect of Bankruptcy - New Issues
  Affirmation of termination of lease, impact of bankruptcy stay; lender's concern; changes in the bankruptcy code
  Patrick C. Maxcy, Esq.
 Sonnenschein Nath & Rosenthal LLP / Chicago, IL
2:00 pm Insurance Considerations for Commercial Leases
  Co-insurance, waiver, and subrogation; keeping current on terminology and provisions
  Arthur E. Pape, Esq.
 The Pape Law Firm / Wheaton, IL
2:45 pm Break
3:00 pm The Dance of Negotiation
  Clauses you always spend time on; what you trade; cancellation clauses; tenant improvements; delays in delivery of the premises; exclusion from operating costs; assignments; subleases; indemnities; insurance; what you really care about
  Douglas W. Anderson, Esq.
 Barack Ferrazzano Kirschbaum Perlman & Nagelberg LLP / Chicago, IL
  Theodore I. Yi, Esq.
 DLA Piper Rudnick Gray Cary / Chicago, IL
4:15 pm Ethical and Professional Responsibilities in Commercial Leases
  Thomas C. Homburger, Esq.
 Bell Boyd & Lloyd LLC / Chicago, IL
5:15 pm Reception for Faculty and Attendees Sponsored by Goldberg Kohn and Sonnenschein Nath & Rosenthal LLP

Tuesday, September 19, 2006
8:00 am Registration & Continental Breakfast
8:30 am Major New Developments: Updating Your Leases and Leasing Skills
  Privacy and changes in code
  Brian L. Sedlak, Esq.
 Jones Day / Chicago, IL
9:00 am Making the Deal Happen
  From letter of intent to move-in; avoiding the deal killers
  Gary N. Ruben, Esq., Program Co-Chair, Moderator
 Goldberg Kohn / Chicago, IL
  Holly K. Duran, Owner and Principal
 Holly Duran Real Estate Partners LLC / Chicago, IL
  William R. Rolander, Jr., Principal
 The John Buck Company / Chicago, IL
10:15 am Break
10:30 am Financing Considerations for Lease Negotiations
  Landlord/waivers and consents with regard to tenant financing; Subordination, Non-Disturbance and Attornment Agreements (SNDA) with regard to landlord financing
  Donald I. Resnick, Esq.
 Jenner & Block LLP / Chicago, IL
11:15 am Commercial Ground Leases
  How to structure, negotiate, and draft solid commercial ground leases; avoiding common pitfalls, financing issues
  James B. Rosenbloom, Esq.
 Goldberg Kohn / Chicago, IL
12:00 pm Lunch (on your own)
1:15 pm Remedies and Enforcement
  Enforceability of particular lease provisions; unlawful detainer actions (with forms) and other enforcement remedies; dealing with abandonment; handling of security deposits; mitigation of damages; enforcement of Illinois landlords lien
  David J. Siegel, Esq.
 Sidley Austin LLP / Chicago, IL
2:00 pm Break
2:15 pm Assignments & Subleases
  Which works better for landlords and for tenants? What rights do tenants have? What control do landlords have? How does the market impact assignments and subleases? Update on important recent case law
  Janet M. Johnson, Esq.
 Schiff Hardin LLP / Chicago, IL
3:00 pm Retail and Shopping Center Leases
  A discussion of some challenging problematic situations and how the solutions differ for retail and shopping center leases; assignment of retail leases; how tenants form leases; new development
  Patrick G. Moran, Esq., Program Co-Chair, Moderator
 Sonnenschein Nath & Rosenthal LLP / Chicago, IL
  Ira Fierstein, Esq.
 Seyfarth Shaw LLP / Chicago, IL
  Biff Ruttenberg, CLS, SCSM, President
 Atlas Partners, LLC / Chicago, IL
4:30 pm Evaluations & Adjourn

Tuition

Regular tuition for this program is $895 with a group rate of $795 each for two or more registrants from the same firm. For government employees, we offer a special rate of $695. For students and people in their job for less than a year, our rate is $447.50. All rates include admission to all seminar sessions, food and beverages at breaks, and all course materials. Make checks payable to Law Seminars International.

Cancellation & Substitution

You may substitute another person at any time. We will refund tuition, less a $50 cancellation fee, if we receive your cancellation by 5:00 p.m. on Tuesday, September 12, 2006. After that time, we will credit your tuition toward attendance at another program or the purchase of a homestudy. There is a $25 cancellation fee for Course Materials orders and $50 for Homestudy orders.

Continuing Education Credits

We will apply for Illinois MCLE credit as soon as the Bar is ready to accept applications. Upon request, we will apply for CLE credits in other states and other types of credits.

Location

The conference will be held at The Gleacher Center at 450 North Cityfront Plaza Drive in Chicago, IL 60611, phone 312-464-8787. Check The Gleacher Center website for a list of area hotels at http://www.gleachercenter.com.
More about the Location
Map & Directions

If You Cannot Attend

Our complete Homestudy Course, consisting of a VHS or DVD recording and the written course materials, is available for $905. The written course materials alone are available for $100. We will ship your homestudy order via UPS ground within two weeks after the seminar or the date we receive payment (whichever is later).
Order Homestudy

Faculty Bios

Patrick G. Moran, Program Co-Chair, is partner at Sonnenschein Nath & Rosenthal LLP and former chairman of their Real Estate Group. He handles a wide variety of commercial real estate and related financing matters, with a special emphasis on leasing and financing. His current financing practice focuses on capital sources for the real estate and mortgage industry.

Gary N. Ruben, Program Co-Chair, is a principal in Goldberg Kohn's Real Estate Group, and also is chair of the Leasing Group. His practice includes all aspects of real estate, including acquisitions, financing, construction and joint ventures. He has extensive experience working with lenders making loans in the senior care and health care industries.
Full bio and contact info for Gary N. Ruben at Goldberg Kohn Bell Black Rosenbloom & Moritz, Ltd.

Douglas W. Anderson is a partner at Barack Ferrazzano Kirschbaum Perlman & Nagelberg LLP. He represents institutions and entrepreneurs in commercial real estate, corporate and business planning matters. His corporate practice has included the negotiation of many stock and asset sales and financings.

Holly K. Duran is one of the country's most influential women in tenant representation. As the owner and principal of Holly Duran Real Estate Partners LLC, she has spearheaded lease negotiations for more than 10 million square feet of space, consistently achieving highly aggressive, flexible transactions.

Ira Fierstein is a partner at Seyfarth Shaw LLP. He represents clients in connection with the acquisition of vacant land, annexation and zoning, construction and permanent financing, construction contracts, build-to-suit and out-parcel sales agreements, reciprocal easement agreements, and leasing and management.

David Gelfand is Executive Managing Director at Studley Inc. where he has negotiated leases or consulted on projects representing more than 6 million square feet of space on behalf of commercial space users. Previously he was with Katten, Muchin & Zavis, the National Futures Association, and the Commodity Futures Trading Commission.

Thomas C. Homburger is a member of Bell, Boyd & Lloyd LLC. His practice is concentrated in the area of real estate financing, development and investment. He is particularly noted for his experience in sale/leaseback transactions and the use of advanced financing techniques.

Janet M. Johnson is a partner in the Real Estate Group of Schiff Hardin LLP. She represents clients in their transactions involving the acquisition, sale and financing of real estate projects, in rezonings, annexations and development or construction contracts for commercial and residential developments and in lease and ground lease negotiations.

Alvin Katz is a partner at Mayer, Brown, Rowe & Maw LLP. He has a widely diversified practice, representing real estate investors and developers in joint ventures and partnerships, acquisitions and dispositions of real property, debt and equity financings, and management and leasing transactions.

Mitchell Loveman is Vice President at Colliers Bennett & Kahnweiler, Inc. His responsibilities include, tenant representation, agency leasing, and various sublease disposition assignments. He was awarded the Insignia/ESG Broker of the Year Award for the Central/Southeast region.

Patrick C. Maxcy, partner at Sonnenschein Nath & Rosenthal LLP, practices in the Bankruptcy & Restructuring Group representing both debtors and creditors in complex Chapter 11 cases and asset purchasers in Section 363 sales. He represents the Official Committee of Unsecured Creditors in the UAL Corporation bankruptcy.

Douglas L. Noren, partner at Katten Muchin Rosenman LLP, concentrates his practice in real estate, real estate development and real estate finance.

Arthur E. Pape owns The Pape Law Firm, representing developers, lenders and investors in real estate. He was elected to American College of Real Estate Lawyers in 1986. He has been listed in Best Lawyers in America, Who’s Who in Legal, International Who’s Who of Business Lawyers 2005 and has been one of the Top 100 Super Lawyers in Illinois for two consecutive years.

Donald I. Resnick is a partner at Jenner & Block LLP. He is Chair of the Firm's Real Estate Practice and Co-Chair of the Firm's Real Estate Securities Practice. He has significant experience in real estate transactions, financing, development and construction and corporate real estate services. He is named in Chambers & Partners USA.
Full bio and contact info for Donald I. Resnick at Jenner & Block LLP

Donald I. Resnick is a partner at Jenner & Block LLP. He is Chair of the Firm's Real Estate Practice and Co-Chair of the Firm's Real Estate Securities Practice. He has significant experience in real estate transactions, financing, development and construction and corporate real estate services. He is named in Chambers & Partners USA.
Full bio and contact info for Donald I. Resnick at Jenner & Block LLP

William J. Rolander, Jr. is a Principal at The John Buck Company and part of the Management Group leading his team in the leasing of several JBC and third party owned assets. He has worked on such projects as One North Wacker, Prairie Stone’s Two Park Center, Oak Brook’s York Center, 333 West Wacker Drive and currently heading up leasing of 200 South Wacker Drive.

James B. Rosenbloom is a founder of Goldberg Kohn and a principal in the Real Estate Group. His experience includes acquisitions and dispositions, mortgage financing, renovation and construction financings, commercial leasing, synthetic leasing, and sale-leaseback transactions. He is listed in The Best Lawyers in America.
Full bio and contact info for James B. Rosenbloom at Goldberg Kohn Bell Black Rosenbloom & Moritz, Ltd.

Biff Ruttenberg is President of Atlas Partners, LLC. His experience is in retail development, redevelopment, management, and leasing. He focuses on consulting to asset-based lenders, institutions and other users of commercial space, specializing in workouts, turnarounds, dispositions, and maximizing the value of difficult properties.

Brian L. Sedlak is a partner at Jones Day and oversees the corporate real estate services practice. He has extensive experience representing clients in leasing, constructing, acquiring, and disposing of corporate real estate assets. He is an Illinois Super Lawyer.

Stephanie B. Shellenback is a partner at Gardner Carton & Douglas LLP and serves as Chair of the Real Estate and Environmental Department. Her practice includes experience in commercial real estate transactions, with an emphasis on the representation of institutional owners and investors in asset management and leasing activities.

David J. Siegal is a partner at Sidley Austin LLP in the Real Estate group. His practice focuses on commercial real estate transactions of all types: acquisitions, dispositions, financing and leasing transactions.

Theodore I. Yi is a partner at DLA Piper Rudnick Gray Cary, where he heads the Commercial Leasing practice group and is the co-chairman of the Diversity Committee. He represents owners and developers, construction and permanent lenders, and various users of real property. He is an Illinois Super Lawyer.

Firm Links

Goldberg Kohn Bell Black Rosenbloom & Moritz, Ltd.
Goldberg Kohn Bell Black Rosenbloom & Moritz, Ltd.
Goldberg Kohn Bell Black Rosenbloom & Moritz, Ltd.
Jenner & Block LLP