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Commercial Tenants and The Gap Ask for Rent Forgiveness Due to COVID
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Recent U S Court decisions in commercial lease disputes due to COVID-19 | Hogan Lovells
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COVID-19 Update: Can t Lose What You Never Had: Court Rejects All Legal Theories Asserted by Retail Tenant Wednesday, May 19, 2021
Court”) decided in
Gap Inc. v. Ponte Gadea N.Y. LLC on March 8, 2021, that a retail tenant will not be able to use the COVID-19 pandemic as an excuse for not making rent payments under multiple legal theories.
This case is one of many cases now before New York courts in the aftermath of New York’s decision to shut down non-essential businesses during the rise of the COVID-19 pandemic. The Gap Inc. (the “
GAP”) commenced the action against its landlord, Ponte Gadea New York LLC (“
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