Court Determines a Lease Terminated by the Terms of the Contract, not by a Taking
By EsqSocial Corporation 09/06/21
When is a lease termination triggered by eminent domain versus by contract? The case of Media v. City of San Diego, 2021 U.S. Dist. LEXIS 103728 addressed this question and concluded that the lease termination was only a product of the lease naturally terminating, not the governmental acquisition of the underlying property. This opinion raises questions regarding the future of loss of goodwill and furniture, fixtures, and equipment (FF&E) for short-term tenants....
By: Nossaman LLP