When a tenant assigns its rights and interest under a lease to a successor tenant, the enforceability of the assignment and its legal consequences are usually addressed and governed by language in the ...

Real estate practitioners are frequently asked to opine on whether particular corporate transactions violate lease provisions that are intended to restrict assignments and changes in control of the ...

As pandemic-related shutdowns battered the retail and restaurant industry, many tenants avoided defaulting on their leases by negotiating a lease workout. These agreements often provided tenants some ...