COURSE DESCRIPTION
Master the complex three-way relationships that emerge when commercial subletting creates multiple layers of landlord-tenant obligations and potential liability exposure. This specialized program addresses the unique challenges of protecting client interests in sublease arrangements where primary tenant duties intersect with subtenant rights and landlord consent requirements. Learn to navigate the risks and opportunities presented by commercial subletting in today's flexible workspace economy.
- Structure sublease agreements that protect primary tenant interests while providing subtenant operational flexibility
- Navigate landlord consent requirements and non-disturbance provisions affecting sublease enforceability
- Address default scenarios and remedies when subtenants fail to perform their obligations
- Design assignment and further subletting restrictions that maintain primary tenant control over property use
Speaker:
Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice. He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use. He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology. Mr. Licata received his B.S., summa cum laude, from MacMurray College and his J.D., cum laude, from Harvard Law School.