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Enforceability of Co-Tenancy Remedies

On Jan. 12, 2015, a California Court of Appeal held unenforceable a co-tenancy provision in a retail lease that allowed the tenant to accept possession of the premises but thereafter have no obligation to pay rent or open for business, even though the provision had been negotiated by two sophisticated parties with leasing expertise.

17 minute read July 02, 2015 at 12:00 AM
By
M. Rosie Rees and Stephanie J. Kim
Enforceability of Co-Tenancy Remedies

On Jan. 12, 2015, a California Court of Appeal, in Grand Prospect Partners, L.P. v. Ross Dress for Less, Inc., 232 Cal.

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