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Recent U.S. Court decisions in commercial lease disputes due to COVID-19 | Hogan Lovells jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
To print this article, all you need is to be registered or login on Mondaq.com. Courts in three different jurisdictions recently handed down decisions against commercial tenants in disputes with their landlords over rent obligations during the COVID-19 pandemic, rejecting the tenants common law defenses and interpreting the leases as written. Illinois State Court Ponte Gadea Chicago, LLC v. Banana Republic, LLC, No. 20 L 6235 (Ill. Cir. Ct., Cook Cty Mar. 24, 2021) - The landlord sued tenant Banana Republic for not paying rent during the pandemic. In response, Banana Republic raised fifteen common law defenses, including frustration of purpose and impossibility, and asserted a four-count counterclaim ....