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In December 2022, the First Department issued a decision that caught the leasing world off guard as it relates to so-called "Good Guy" guarantees. In 122 East 42nd Street LLC...
Many commercial landlords require that a guarantor secure the obligations and liabilities of a tenant as a prerequisite for entering into a lease. A lease guaranty is a contract between an individual or entity...
Many commercial landlords require that a guarantor secure the obligations and liabilities of a tenant as a prerequisite for entering into a lease. A lease guaranty is a contract between...