Tuesday 26 May 2020

New law shields restaurateurs, retailers who quit leases

Mayor Bill de Blasio on Tuesday signed into law a package of Covid-19 relief bills, including one that temporarily bars landlords from going after restaurant and store owners’ personal assets. The law suspends the enforcement of personal liability provisions in commercial leases or rental agreements for a default that occurs between March 7 and Sept. 30. Attempting to enforce such provisions constitutes harassment under the measure. “With the signing of my bill, any small business



source https://therealdeal.com/2020/05/26/new-law-shields-restaurateurs-retailers-who-quit-leases/

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