In suing to break its lease, a rock-climbing gym contends its business plans for a New York location were “completely destroyed” by social-distancing measures. One lender’s answer to a developer’s lawsuit seeking to avoid foreclosure called the filing “a shameless attempt to use the global pandemic.” And in trying to exit a multibillion-dollar luxury hotel portfolio purchase, a massive investment firm last week charged breach of contract, saying the seller had “failed to continue the
source https://therealdeal.com/2020/05/15/covid-and-the-courts-wave-of-lawsuits-target-busted-real-estate-deals/
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