October 30, 2021 Second Circuit Paves the Way for Commercial Landlords to Sue Previously Protected Guarantors for Unpaid Rent During COVID Period
Written by: Joshua Wurtzel
In an order entered on October 28, 2021, a divided panel of the Second Circuit reversed a district court’s order that had dismissed commercial landlords’ challenge to a New York City law that relieved many individual guarantors of commercial leases from liability for rent due between March 7, 2020 and June 30, 2021. Read More
October 8, 2021 Term Sheets: When Are Parties Bound?
New York Law Journal / Written by: Erik S. Groothuis
Parties negotiating business transactions often find it useful to memorialize key provisions they ha… Read More
September 27, 2021 How Commercial Property Owners Can Evict Nonpaying or Holdover Tenants Despite the Continued Eviction Moratorium
Written by: Joshua Wurtzel
On September 2, 2021, New York extended its moratorium on residential and commercial evictions … Read More
July 19, 2021 Legislative Solutions to the LIBOR Replacement Dilemma
New York Law Journal
Our previous article on this topic outlined the challenging issue of LIBOR transition—that is,… Read More
June 17, 2021 Can Commercial Tenants Really Avoid Rent During the Pandemic Using the Frustration-of-Purpose Doctrine?
New York Law Journal / Written by: Joshua Wurtzel
Recent decisions and the use of the frustration-of-purpose doctrine to absolve commercial tenants of… Read More
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