Landlord Win In Sandy Rent Discount Suit Won’t Be The Last

Law360, New York (May 2, 2013, 7:54 PM EDT) -- A New York City judge on Monday found that the owner of 100 Maiden Lane did not owe a retail tenant who lost electricity following Superstorm Sandy any form of rent abatement, in the first of what some attorneys say will be a spate of similar outcomes for rent discount cases filed by lower Manhattan tenants hit by the storm.

Judge Jennifer G. Schecter found that the lease Just Salad Partners LLC had signed with Maiden Lane Properties LLC — a fairly standard Real Estate Board...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.