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[RPPTL LandTen] Referral for someone not conflicted out in being adverse to Wells Fargo

GP
George Pincus
Fri, Feb 4, 2011 9:21 PM

I was referred a matter this morning for a Tenant who has to negotiate a tough SNDA to protect a substantial TI Allowance as the Tenant has concerns about the financial viability of the Landlord.

I am conflicted out as the Lender is Wells Fargo and we have a strict "not adverse to Wells Fargo policy".  The Landlord is an entity owned by a JV between Mainstreet Capital/Paul Killgallen and Praedium.

If you are pretty sure that you do have a conflict being adverse to Wells and/or the Landlord group and you have experience with this set of issues, please let me know and I will make an introduction.

Thanks very much.

George A. Pincus, Esq.
Stearns Weaver Miller Weissler
Alhadeff & Sitterson, P.A.
New River Center, Suite 2100
200 East Las Olas Boulevard
Ft. Lauderdale, FL 33301
Telephone: 954-766-9705
Facsimile:    954-766-9719
E-mail: gpincus@stearnsweaver.commailto:gpincus@swmwas.com
www.stearnsweaver.comhttp://www.stearnsweaver.com/


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CIRCULAR 230 DISCLOSURE: To ensure compliance with recently-enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including any attachments, is not intended or written by us to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties that may be imposed by the federal government or for promoting, marketing or recommending to another party any tax-related matters addressed herein.

I was referred a matter this morning for a Tenant who has to negotiate a tough SNDA to protect a substantial TI Allowance as the Tenant has concerns about the financial viability of the Landlord. I am conflicted out as the Lender is Wells Fargo and we have a strict "not adverse to Wells Fargo policy". The Landlord is an entity owned by a JV between Mainstreet Capital/Paul Killgallen and Praedium. If you are pretty sure that you do have a conflict being adverse to Wells and/or the Landlord group and you have experience with this set of issues, please let me know and I will make an introduction. Thanks very much. George A. Pincus, Esq. Stearns Weaver Miller Weissler Alhadeff & Sitterson, P.A. New River Center, Suite 2100 200 East Las Olas Boulevard Ft. Lauderdale, FL 33301 Telephone: 954-766-9705 Facsimile: 954-766-9719 E-mail: gpincus@stearnsweaver.com<mailto:gpincus@swmwas.com> www.stearnsweaver.com<http://www.stearnsweaver.com/> ________________________________ CONFIDENTIALITY NOTICE: The information contained in this E-mail message is attorney privileged and confidential information intended only for the use of the individual(s) named above. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copy of this communication is strictly prohibited. If you have received this communication in error, please contact the sender by reply E-mail and destroy all copies of the original message. Thank you. ________________________________ CIRCULAR 230 DISCLOSURE: To ensure compliance with recently-enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including any attachments, is not intended or written by us to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties that may be imposed by the federal government or for promoting, marketing or recommending to another party any tax-related matters addressed herein.