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Lease Options for Renewal, Contracts

Lease contracts, whether they be residential or commercial, will often have an option provision where a tenant can automatically renew the lease-term for some period of time. Subject to the terms of the contract/lease, a tenant’s renewal must indicate a definite and unqualified determination to exercise the option. Behlman v. Weeks, 150 S.W.3d 153, 156 […]

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Corporate Disposition of Assets: sale, lease, exchange

While the directors and officers of a corporation typically run its day-to-day operations, the shareholders — the owners — are generally responsible for their election and the direction of the corporation. It should come as no surprise, therefore, that major decisions involving the corporation often require shareholder approval. This extends to include when the corporation […]

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