KEN KIRSCHENBAUM, ESQ
ALARM - SECURITY INDUSTRY LEGAL EMAIL NEWSLETTER / THE ALARM EXCHANGE
You can read all of our articles on our website. Having trouble getting our emails?   Change your spam controls and white list ken@kirschenbaumesq.com 

******************************
Manager signing personal guarantee / Comments on Kelso's nuts / Sign up for Free Webinar
February 9, 2021
*********************
Manager signing personal guarantee
***********************
Ken
            We presented a lease agreement to an apartment complex.  The manager is not comfortable signing as a personal guarantor?  Is that necessary if they fill in all the other holding company entity information?  They would like to send back their agreement with a PO, KK agreement attached to it.  
Regards,
Alan
***********************
Response
***********************
            A manager should not be expected to sign a personal guarantee, though that is an issue for the manger and his employer.  From your perspective you'll accept all the personal guarantees you can get.  We see guarantees signed all they time by inappropriate people; lower level employees, managers, agents, friends.  First of all, you don't need a personal guarantee for the contract to be fully executed and binding.  If the signing entity [or person] is credit worthy then you don't need a personal guarantee, and don't expect to get one.  After all, you shouldn't expect Neiman Marcus, JC Penny, Tailored Brands, Brooks Bros, Sears and Toys R Us to sign a personal guarantee.
         Yes, you guessed it; all the above filed bankruptcy petitions.  You would have a better chance if you had a personal guarantee.  If you get a job from a new business you should try and get a personal guarantee, from the owner, not a mangers.
*********************
Comments on Kelso's nuts
*************************
Ken
            Your response prompted my wife to start playing "make an ugly woman your wife" on the computer.  I find it odd because she's beautiful.
Bill C 
*****************
Ken
            Some people have too much time on their hands
Anthony 
**********************
Ken
            What happened to Chelsea’s [or Kelsey's or Kelso's] nuts February 2, 2021
Now THAT was informative!! Thanks and keep up the good work.  We really enjoy your daily column.
 Regards,
 Pete
***********************

Webinar announcement: Register now for this informative webinar
Title:  Forensic Analysis of Non-Conforming Control Panel(s); the UL issue
When:  February 16, 2021 at 12 PM noon ET  1 hour.  Will be recorded
Topic:  Analysis of risk if using control panels that don't meet UL and NFPA standards
Presented by:  Jeffrey Zwirn and  Merton Bunker, PE former NFPA employee and Staff Liaison for NFPA 72
Hosted by: Ken Kirschenbaum,Esq
Who should attend:  Alarm company owners, AHJs, Nationally Recognized Testing Laboratories and manufacturers

Sign up here:  https://attendee.gotowebinar.com/register/7111976972157204240
*******************
NOTICE:  K&K has two clients looking to sell alarm accounts.  One company is near Orlando FL and the other outskirts of Miami FL.  More details in The Alarm Exchange in the Merger and Acquisition category.
***********************

To order up to date Standard Form Alarm /  Security / Fire and related Agreementsclick here:  www.alarmcontracts.com
*************************
CONCIERGE LAWYER SERVICE PROGRAM FOR THE ALARM INDUSTRY
You can check out the program and sign up here: https://www.kirschenbaumesq.com/page/concierge or contact our Program Coordinator Stacy Spector, Esq at 516 747 6700 x 304.
***********************
 
NOTICE:  You can always read our Articles on our website at ww.kirschenbaumesq.com/page/alarm-articles
***********************
THE ALARM EXCHANGEalarm classifieds alarm security contracts

    This area is reserved for alarm classifieds, alarm company announcements, solicitations, offers, etc. 
    There is no charge to post a listing here.Include your contact information, phone, email and web site.  If you would like to submit a post, please send an email to ken@kirschenbaumesq.com.  To create a reciprocal link to our website, click here.

************************************************
Getting on our Email List / Email Articles archived: 
    Many of you are forwarding these emails to friends or asking that others be added to the list.  Sign up for our daily newsletter here: Sign Up.  You can read articles and order alarm contracts on our web site www.alarmcontracts.com
**************************
Ken Kirschenbaum,Esq
Kirschenbaum & Kirschenbaum PC
Attorneys at Law
200 Garden City Plaza
Garden City, NY 11530
516 747 6700 x 301
ken@kirschenbaumesq.com
www.KirschenbaumEsq.com