Editor’s note: This article describes a hypothetical situation.
ADR
It was a very complicated dispute. The parties threw out words like “unamortized,” “depreciation,” “EBITA” and “capital improvements.” Bob’s head was spinning. At least he had the foresight to convince the other side jointly to retain a certified public accountant to determine the “unamortized cost of tenant’s improvements according to the terms of the lease.” The parties agreed the accountant’s decision would be “final and binding.” It all sounded like an arbitration to Bob. That made him comfortable.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
