Subleasing Considerations for FBO Operators
By: Megan E. Bryson, Esq. and Alison L. Squiccimarro, Esq.
In the earlier articles in this series, we discussed some of the more common grant assurances that are disputed as between airport sponsors and tenants; preserving your own documents and evidence, as well as seeking out evidence from your adversaries; and the legal remedies available to an airport tenant under the Code of Federal Regulations. Our next articles focus on some of the more practical and everyday considerations for FBO operators with respect to increasing leverage when relations with subtenants become difficult. This article focuses on providing the fixed based operator with key terms and provisions to include in subleases.
To read the full article, please click here (page 30).