Miami Air Cargo Co. Sues Landlord Over Potential $24M Fees

Law360, New York (August 9, 2013, 7:14 PM EDT) -- Centurion Air Cargo has sued its landlord at Miami International Airport, contending the landlord is trying to charge up to $24 million in unwarranted management fees, plus $2 million for deferred rent payments Centurion denies were late, according to a complaint filed in Florida state court.

Centurion says Aero Miami III LLC's management-fee demands flout the terms of the sublease, which doesn't mention management fees. Centurion also disputes the $2 million deferred-rent charge, saying it followed the terms of their sublease and hasn't defaulted, according to...
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