PLI is pleased to announce the new name and new, 8th edition of Friedman and Smith on Contracts and Conveyances of Real Property.

Providing more than 140 sample forms, sample clauses, and checklists that simplify and accelerate transactions, Friedman on Contracts helps you to carefully consider all the issues and options before you finalize a contract, handle unexpected problems and contingencies before they become deal-breakers, factor in a relevant case law when structuring sound agreements, and avoid drafting ambiguous or incomplete contracts that can lead to delays and aborted deals.

Explaining common law principles, and thousands of statutes and court decisions, Friedman on Contracts counsels you on what course of action to take and what to avoid at every stage of real estate conveyancing, helping you to answer such essential questions as:

• What essential terms and covenants must be in contracts of sale and deeds.
• When contracts of sale can become fatally defective.
• How to describe property with “reasonable certainty.”
• When encroachments make a title unmarketable.
• What covenants should be contained in mortgages.
• What additional property description should be included in deeds.
• When the merger of a deed increases the liability of both parties.
• What closing adjustments should be covered in contracts.
• What buyers and sellers can do to avoid delays in closings.

Including case examples that alert you to what can go wrong when contract drafting is faulty, Friedman on Contracts shows you why:

• Boilerplate remedies provisions in complex deals can create legal traps.
• Omitting a financing condition can increase a buyer’s risk in all-cash contracts.
• Multiple contracts employed by parties can lead to offer and acceptance problems.
• Failure to provide time periods for the issuance and delivery of building permits can cause disputes.
• Negligent misrepresentation can result when a seller signs a contract of sale without reading its terms.
• Some attorney review clauses can undermine negotiations and even terminate the contract.
• Minor language variations in informal letters can lead to unenforceability.

Packed with sample forms, Friedman on Contracts is your comprehensive guide to every aspect of real estate contracts and conveyances.

This essential new edition is available on PLI PLUS, our online research database. If you’d like to order a print copy, please email libraryrelations@pli.edu or call 877-900-5291.

Telecommunications Law Answer Book provides answers to key questions about the issues faced by the various participants in the U.S. telecom industry. Designed for every day, practical use, this valuable resource covers the recent Congressional and FCC initiatives on data privacy and security, as well as the restrictions on foreign ownership of U.S. communications companies regulated by the FCC.

In an easy-to-read Q&A format, Telecommunications Law Answer Book describes:

• The duties and obligations that apply to common carriers that provide telecommunications services
• The impact of and policy goals behind the Communications Act of 1934 and Telecommunications Act of 1996, as well as other federal statutes and regulations
• The FCC regulation of the radio and television spectrum, as well as ownership of broadcast stations and cable systems
• Why social media regulation is different from other media, and why the legal and practical analysis often differs from traditional advertising and broadcast outlets
• “Accessibility by design,” or the idea that from the moment of concept to realization, a communications product should be designed with accessibility in mind for those with cognitive or physical disabilities
• The rules regulating customer relationships, and how political advertising should be handled

Telecommunications Law Answer Book also provides a comprehensive overview of the recent Congressional and FCC initiatives on data privacy and security, as well as the restrictions on foreign ownership of U.S. communications companies regulated by the FCC.

The new edition is available on PLI PLUS, our research database.  If you’d like to order a print copy, please email libraryrelations@pli.edu or call 877-900-5291.

This Third Edition of Exempt and Hybrid Securities Offerings reflects significant updates in order to account for recent market trends, such as the increasing tendency on the part of privately held companies to stay private longer and defer their initial public offerings, or IPOs, as well as the increased reliance by public companies on exempt offerings and hybrid offerings.

The latest edition of Exempt and Hybrid Securities Offerings contains updates to the legal, regulatory, and procedural guidance regarding offerings exempt from or excluded from the registration requirements of section 5 of the Securities Act, including guidance provided in connection with or provided following the enactment of the JOBS Act.

Highlights include:

• Chapter 3, providing a more detailed discussion of Rule 506 under Regulation D, which is the most frequently used of the safe harbors under Regulation D. Given the changes brought about by the JOBS Act mandate to relax the prohibition against general solicitation in the context of certain Rule 506 offerings, this chapter provides background regarding the types of communications that constitute a “general solicitation,” as well as the conditions for reliance on Rule 506.
• Chapter 4, regarding the section 4(a)(1) exemption, the concept of section 4(a)(1½), and a new discussion of the limited resale exemption, section 4(a)(7).
• Chapter 9, discussing Rule 701, which provides an exemption from the registration requirements for securities issued by non-reporting companies as compensation and which has been recently updated to reflect SEC Staff guidance.
• Chapter 13, addressing the legal and regulatory issues arising for companies that choose to remain private longer and defer IPOs or other liquidity events, including the SEC rules regarding the Securities Exchange Act section 12(g) threshold.
• Chapter 18, discussing institutional and cross-border debt private placements, which have grown increasingly important as the availability of long-term bank loans has declined in many jurisdictions and for many industries.
• All of the chapters comprising Part II of the treatise have been updated to account for market developments affecting the conduct of exempt offerings, and Part III of the treatise has been supplemented with chapters on Regulation A and on Crowdfunding.

The new edition is available on PLI PLUS, our research database.  If you’d like to order a print copy, please email libraryrelations@pli.edu or call 877-900-5291.