Judge Trims $60M Suit Over Canceled Rite Aid Stores

Law360, Los Angeles (February 18, 2014, 8:43 PM EST) -- A Washington federal judge on Tuesday trimmed a number of claims from a lawsuit brought against Rite Aid Corp. and Thrifty PayLess Inc. for allegedly breaching rent contracts and racking up $60 million in unpaid rent and contractors' out-of-pocket expenses through a “preferred developer” scheme.

The developers, who had been on Rite Aid's go-to list for the construction of new stores, claimed in the 2012 suit that the company illegally terminated leases and other financial agreements when the 2008 recession caused it to rethink opening a...
To view the full article, register now.




Case Information

Case Title

Nicholson et al v. Thrifty PayLess Inc et al

Case Number



Washington Western

Nature of Suit

Contract: Other


Robert S. Lasnik

Date Filed

June 28, 2012


Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.