Friday 22 May 2020

City measure to bar landlords from targeting retailers’ assets could face legal challenge

City legislation that temporarily bars landlords from going after restaurant and retailers’ personal assets may face another legal hurdle. Last week, the City Council passed a bill that suspends the enforcement of personal liability provisions in commercial leases or rental agreements for a default that occurs between March 7 and Sept. 30. The measure is aimed at shielding owners of restaurants, bars and nonessential retailers and businesses from financial ruin due to Covid-19. Under the



source https://therealdeal.com/2020/05/22/city-measure-to-bar-landlords-from-targeting-retailers-assets-could-face-legal-challenge/

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