04/13/2020
The longer the Coronavirus shutdown goes on, the more problematic it is becoming for landlords and tenants in the commercial setting. On one hand, the landlord has creditors to worry about and a need to make a living--on the other hand, the tenant may be ordered to shut down his or her business if it is deemed "non-essential" and is not allowed to occupy the space.
Like most legal disputes, and especially those during a pandemic, who is right or wrong is a grey area that will look at the black and white terms of your lease, public policy, and what the parties intended. There are a multitude of defenses on both sides. Whether you are a building owner or business owner, contact our offices at (215) 867-4197 for a free consultation on how the COVID-19 affects your lease and what you can do about it.
Have a wedding booked this spring or summer that is going to be postponed or canceled? Have a fundraiser organized with multiple vendors that is similarly on the ropes due to coronavirus? What happens to those deposits ...
