Landlords who lease commercial space typically concern themselves with the quality of a proposed tenant so that such character is consistent with that of other tenants occupying the property. Such concern is reflected in particular provisions found in a commercial lease. This post will discuss some of the more common tenant “character”…
Recent news in Westchester County is that the Wal-Mart store in downtown White Plains is scheduled to close on August 10 of this year. Our blog has recently explored the legal issues relating to a store closing for good, especially where there is an existing lease. An interesting point regarding the…
News outlets recently reported on the demise of retailer Toys R Us in bankruptcy. Initially, it was thought that the famous chain toy store would continue operations under its bankruptcy plan. Then, those in charge of the company found that it was necessary to close all locations. Such a decision has…