Commercial Lease Co-Tenancy Clauses: California Supreme Court Weighs In
The California Supreme Court weighed in on the validity of commercial lease co-tenancy provisions with its recent opinion in JJD-HOV Elk Grove, LLC v. Jo-Ann Stores,…
Default Interest Based on Single Late Payment Declared Unenforceable
This post was primarily authored by Patton Sullivan Brodehl attorney Zachary Young. It is not uncommon for loan agreements to provide for fees, penalties, and default…
Enforceability of Commercial Lease Co-Tenancy Provisions
A commercial lease co-tenancy clause conditions a retail tenant’s opening for business or continuing operations at the designated property upon another tenant opening for business or…
Commercial Lease “Co-Tenancy” Clauses: Unconscionable, Penalty, or Enforceable?
When a court of appeal announces that it is tackling a new commercial lease issue for the first time ever in a published decision, it’s wise…