Todd E Soloway

April 28, 2015 | New York Law Journal

Todd E. Soloway and Joshua D. Bernstein discuss the legal landscape over the debate concerning whether and in what circumstances to allow transient short-term rentals of apartments in New York City.

By Todd E. Soloway and Joshua D. Bernstein

12 minute read

January 14, 2015 | New York Law Journal

In their Hospitality Litigation column, Todd E. Soloway and Joshua D. Bernstein examine the structure of common indemnification provisions in hotel management agreements and what a hotel owner must be cognizant of before agreeing to this potentially burdensome additional financial obligation.

By Todd E. Soloway and Joshua D. Bernstein

9 minute read

January 13, 2015 | New York Law Journal

In their Hospitality Litigation column, Todd E. Soloway and Joshua D. Bernstein examine the structure of common indemnification provisions in hotel management agreements and what a hotel owner must be cognizant of before agreeing to this potentially burdensome additional financial obligation.

By Todd E. Soloway and Joshua D. Bernstein

9 minute read

November 13, 2014 | Commercial Litigation Insider

In their Real Estate Litigation column, Todd Soloway, Joshua Bernstein and Eric Dowell discuss the "Rule of Definiteness" in real estate contracts and write: This "definiteness" requirement is among the oldest in contract law but often is forgotten in a time where the pace of transactions and client pressure to "get the deal done" necessitates that certain terms be left open.

By Todd E. Soloway, Joshua D. Bernstein and Eric D. Dowell

10 minute read

October 29, 2014 | New York Law Journal

In their Real Estate Litigation column, Todd Soloway, Joshua Bernstein and Eric Dowell discuss the "Rule of Definiteness" in real estate contracts and write: This "definiteness" requirement is among the oldest in contract law but often is forgotten in a time where the pace of transactions and client pressure to "get the deal done" necessitates that certain terms be left open.

By Todd E. Soloway, Joshua D. Bernstein and Eric D. Dowell

10 minute read

August 20, 2014 | New York Law Journal

In their Hospitality Litigation column, Todd E. Soloway, Joshua D. Bernstein and Jared D. Newman of Pryor Cashman discuss the the extent of a hotel company's liability to guests whose personal information was stolen, given the increasing sophistication of computer hackers and their ability to infiltrate even the best designed data security systems.

By Todd E. Soloway, Joshua D. Bernstein and Jared D. Newman

12 minute read

April 30, 2014 | New York Law Journal

In their Hospitality Litigation column, Todd E. Soloway And Joshua D. Bernstein of Pryor Cashman write: Though often overlooked when negotiating a hotel management contract, ownership of hotel guest records can rapidly become a point of contention when a hotel transitions to new management, either by termination of the previous management agreement or otherwise, and both parties want to retain and continue to make use of the hotel guest records.

By Todd E. Soloway and Joshua D. Bernstein

11 minute read

January 29, 2014 | New York Law Journal

In their Real Estate Litigation column, Todd E. Soloway and Joshua D. Bernstein, partners at Pryor Cashman, examine the question: What happens when parties execute a letter of intent involving a real estate transaction, but, instead of finalizing the transaction, the deal falls through? Is the letter of intent an enforceable agreement that would give rise to liability?

By Todd E. Soloway and Joshua D. Bernstein

13 minute read

October 30, 2013 | New York Law Journal

In their Real Estate Transactions column, Todd E. Soloway and Stephanie R. Kline of Pryor Cashman write: It is essential that when structuring loan transactions, lenders remain cognizant of the equity of redemption principle, and avoid including any provision at the outset which would interfere with the borrower's right to discharge a debt prior to a foreclosure sale. By making adjustments in timing and structure, coupled with appropriate contractual provisions, lenders can achieve their lending criteria while still protecting themselves in a way that will ultimately be upheld by the courts.

By Todd E. Soloway and Stephanie R. Kline

10 minute read

November 09, 2011 | New York Law Journal

In their Construction Loans column, Todd E. Soloway, a partner at Pryor Cashman, and Luisa K. Hagemeier, of counsel to the firm, write that, under the heading, "desperate times call for creative measures," rather than commencing a foreclosure action, taking a number and then taking a loss somewhere far down the road, increasing numbers of construction lenders are attempting to salvage value by modifying the terms of their loans to developers.

By Todd E. Soloway and Luisa K. Hagemeier

15 minute read