In one of the latest and most high-profile decisions from across the country relating to commercial tenants’ rent obligations during the COVID-19 pandemic, the United States District Court for the Southern District of New York rejected an attempt by The Gap, Inc. (“Gap”) to avoid paying rent and to terminate its lease based on a variety of legal theories and arising out of the governmental restrictions enacted in response to the pandemic.
Join attorneys Manuel Fishman, Michael Myers, and Jonathan August as they discuss this decision and provide valuable lessons for commercial landlords and tenants as these types of disputes continue to play out in the courts.
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