Cozen O’Connor: Incurable Defaults in Commercial Leases: Can You Un-Ring the Bell? [New York Law Journal]

Incurable Defaults in Commercial Leases: Can You Un-Ring the Bell? [New York Law Journal]

Menachem Kastner and Ally Hack, members of Cozen O’Connor’s Commercial Litigation Department, authored an article for the New York Law Journal titled “Incurable Defaults in Commercial Leases: Can You Un-Ring the Bell?”  They identify the various types of commercial lease defaults that courts  may find to be “incurable” as a matter of law, followed by a focus on what has been the most controversial of these defaults – the unauthorized assignment of its lease. Menachem and Ally also provide a practical tip on terminating commercial leases for unauthorized assignments, where the law and the usual lease default provisions may seem contradictory.

To read the article, click here.


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Menachem J. Kastner

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mkastner@cozen.com

(212) 453-3811


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