Pa. Court To Rethink Slashing Safeway Unit's $18M Judgment

Law360, Philadelphia (October 08, 2013, 6:01 PM ET) -- The Pennsylvania Superior Court said last Wednesday that it would rehear a dispute over a Safeway Inc. unit’s bid to escape a lease after a July ruling vacated an $18.5 million judgment in the case based on findings that damages needed to be reduced to present value.

The court’s full complement of judges will reconsider a split panel decision finding that developer Newman Development Group of Pottstown LLC was entitled to only the present value of its lost rent damages after Genuardi’s Family Market Inc. backed...
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