DSW On Hook For Filene's Lease, Landlord Tells NY Court

Law360, New York (February 14, 2014, 4:13 PM EST) -- The landlord of a Manhattan retail complex on Friday urged a New York appeals court to hold shoe company DSW MS LLC liable for a $100 million commercial lease that belonged to Filene's Basement before its bankruptcy, saying DSW's guarantee of the lease is absolute and unconditional.

In oral arguments before a panel of New York Supreme Court’s Appellate Division, First Department, an attorney for 4 USS LLC, Robert J. Giuffra Jr. of Sullivan & Cromwell LLP, called DSW a highly sophisticated entity whose future merger...
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