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Kiss Kiss Bye Bye: barâs eviction hits courts Save Share Relations between retailers and landlords over rent payments amid the COVID-19 pandemic and recovery are boiling over with a dispute involving the termination of a Sydney cocktail barâs lease hitting the courts. Kiss Kiss Bang Bang, part of The Speakeasy Group which has small bar venues in NSW and Victoria, was given a notice of termination of a sublease on January 26 after negotiations on rental relief broke down. Kiss Kiss Bang Bang cocktail bar was forced to close after rental negotiations broke down with the landlord. Rhett Wyman ....
Landlord takes Just Group to court over alleged $3.6 million in unpaid rent By Imogen Bailey | 22 April 2021 AFR indicates. According to the report, Fortius Funds Management is suing the Group for alleged unpaid rent on Just Jeans, Peter Alexander, Portmans and Smiggle stores in the Mid City Pitt Street Mall centre. The AFR reports that Fortius is seeking court orders forcing Just Group to pay unpaid rent, expenses, costs and levies for four stores in the Mid City Centre from April 2020 onwards until the legal dispute is ruled on. In response to the filing, Just Group has filed its own claim, stating that Fortius did not work in good faith to negotiate terms during the COVID-19 lockdowns. ....
April 20, 2021 A landlord of billionaire retailer Solomon Lew’s Just Group has taken legal action against several of the groups chains, demanding more than $3.5 million in allegedly unpaid rent. Real estate investment management group Fortius Funds Management claims that Just Group, which owns Peter Alexander, Dotti, Jay Jay’s, Smiggle and Portmans, did not pay rent of four stores in Sydney’s Mid City Centre shopping complex. Fortius filed its claim on January 13 in the NSW Supreme Court, demanding relief of all unpaid rent, expenses, costs and levies for the four stores from April 2020 until the legal dispute is resolved. ....