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Don't Walk Away! Landlord Remedies on Lease Repudiation

Markets change. Situations change. Plans change. And in the face of change, tenants are often faced with future lease obligations that no longer suit their business plans. They need or at least want to change the deal with their landlord. But what commercial tenants and their landlords need to remember, is that leases are not quite the same as other commercial contracts.
United Kingdom Bruce Ziff Justice Laskin Samantha Weng Justice Bora Laskin Simon Crawford

Property Leasing: Recent Developments Of Importance - Real Estate and Construction

Can a Tenant Stop Paying Rent as a Result Of COVID-19? When the government ordered the closure of all non-essential businesses, tenants quickly turned to their leases to see if the pandemic would qualify as force majeure and discharge them from their rent obligations.  Hengyun International Investment Commerce Inc.  v.  7614 Québec Inc., 2020 QCCS 2251, (" Hengyun") was one of the first Canadian cases to consider force majeure in the context of COVID-19 government-mandated shutdowns. It spa...
United States Radha Lamba Kelly Douglas Canada Services Des Programmes Detudes Arizona Heat Inc Atomic Energy Of Canada
Source: mondaq.com

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