Obama administration shuts down 100 year old oyster company - Page 2 - TigerDroppings.com

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CajunAngele
LSU Fan
Member since Oct 2012
11168 posts

re: Obama administration shuts down 100 year old oyster company








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WildTchoupitoulas
LSU Fan
Member since Jan 2010
14584 posts

re: Obama administration shuts down 100 year old oyster company


quote:

That is small print for saying the fedgov can screw you over at any time.

Wrong, not during the term of the lease - WHICH WAS 40 YEARS.

Whenever one of my tenants signs a lease, it is assumed that it will be renewed, but both parties reserve the right to not renew. Are you suggesting only the LESSEE should retain the right to not renew? What would that do to landowner rights?

Besides, do you think those oystermen were leasing at market rates...? I doubt it.

frick California oysters anyway.






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Meauxjeaux
Memphis Fan
I have 89,275 posts with my alters
Member since Jun 2005
16333 posts

re: Obama administration shuts down 100 year old oyster company


quote:

That is small print for saying the fedgov can screw you over at any time.

Wrong, not during the term of the lease - WHICH WAS 40 YEARS.


The Lunny family sold their land thinking they would lease it back in 40 year chunks forever and continue to enjoy the benefit of their land as they saw fit.

Having a renewable term in the lease means the lessor gets to change the terms.

Small print for "screw you over at any time".






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mmcgrath
LSU Fan
New Jersey
Member since Feb 2010
4108 posts

re: Obama administration shuts down 100 year old oyster company


quote:

The Lunny family sold their land thinking they would lease it back in 40 year chunks forever and continue to enjoy the benefit of their land as they saw fit.

Having a renewable term in the lease means the lessor gets to change the terms.

Small print for "screw you over at any time".


Let's not pretend that the Lunny family was some naive group here. I am pretty sure that they had lawyers 40 years ago.






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WildTchoupitoulas
LSU Fan
Member since Jan 2010
14584 posts

re: Obama administration shuts down 100 year old oyster company


quote:

The Lunny family sold their land thinking they would lease it back in 40 year chunks forever...

What did the lease say?

quote:

Having a renewable term in the lease means the lessor gets to change the terms.

Small print for "screw you over at any time".

Oh, I see you're just jealous of land owners and think we should restrict their rights.

Carry on...






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