What Happened: A landlord who had just bought the property and was eager to lease it for a higher rent approached the current gas station tenant about a potential buyout. The negotiations proved unsuccessful. Less than three months later, the landlord tried to evict the tenant...
What Happened: Who won the legal showdown between the Florida mall and the retail tenant that cited the force majeure clause of its lease as an excuse not to pay rent in May due to business losses resulting from government COVID-19 shutdown orders? At stake was more than pride....
What Happened: An airport tenant assigned its lease to an assignee. In June 2020, the owner and tenant signed an agreement terminating the lease. In August, the assignee filed for Chapter 11 bankruptcy. The owner asked for permission to bring a lawsuit to evict the assignee...
What Happened: A pharmaceutical company used the warehouse it sublet to store its drug products. But the warehouse sprinkler system went haywire and inflicted $265,110 in damage to the products. The company sued the landlord and tenant. Naturally, each side blamed the other and...
What Happened: Bed Bath & Beyond (BB&B) didn’t provide the necessary sales records to verify its percentage rent payments, concluded the landlord’s auditor in the spring of 2017. The landlord didn’t talk to BB&B or otherwise follow up on the audit....
What Happened: A county in a state with legalized marijuana adopted an ordinance banning cultivation. A tenant that got its license before the ban was adopted determined that it was exempt and kept on operating. But the tenant had never gotten the required permits and thus wasn...
What Happened: A medical clinic signed a multi-year lease on a three-story building requiring major renovations. After faithfully paying monthly rent for two years, the clinic stopped making its rent payments. The landlord sent a default notice giving the clinic five days to...
What Happened: Six years into its 10-year term, an owner exercised its lease right to adjust a dental clinic tenant’s rent. But the clinic refused to pay the increase and moved out. The owner claimed the clinic was in default, terminated the lease, and demanded $1.5...
What Happened: A medical tenant repeatedly paid rent late without late fees or any other penalties. But then the building was sold. And the new owner wasn’t as forgiving or tolerant of the tenant’s personal stresses and “business ups and downs” as the...
What Happened: Only 10,000 of the tenant’s 560,000 square-foot recycling warehouse had fire department approval for occupancy. And while the tenants were advised to do so, they never installed the necessary, code-compliant sprinkler and water flow systems. So, when the...
What Happened: After paying only partial rent in April, Bed Bath & Beyond (BB&B) paid no rent in May, claiming that the Louisiana governor’s COVID-19 order closing “all malls, except for stores in a mall that have a direct outdoor entrance and exit that...