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 sparked hope for tenants that
rent relief was possible.
In
Hengyun, the Landlord and the original Tenant,
VFC, entered into a five-year lease to operate a gym. VFC soon made
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The COVID-19 pandemic has caused thousands of businesses across
the country to close their doors either temporarily or permanently.
These closures have resulted in a significant increase in disputes
between commercial landlords and their tenants. While many of those
disputes have been, or can be, resolved with a business-minded
solution – with the landlord and the tenant sharing the economic pain – a number of cases have ended up
in court.
Cassels is experienced in handling leasing and real estate
disputes. Below we have summarized the most significant reported
negotiates their bankruptcy proposal. the troubled city faces debt of up to $20 billion. think about that. now 21,000 retirees are going to be part of paying that price. the proposal would leave pensioners with 16 cents on every dollar that they were entitled to. retirees include police officers, firefighters, other municipal workers but not teachers the workers were promised $3.5 billion in pension benefits but turns out the city didn t actually have the money. bill: fox news report that is the administration is blocking access to survivors of benghazi saying there are quote, significant risks to having them testify. lindsey graham says he is not buying that. here is the senator from south carolina. you can not hide hyped a criminal investigation. that is not a good reason to deny the congress witness statements 48 hours after the attack. bill: that from yesterday. kt mcfarland, national security