David Leffler and David Jacoby in NYLJ – The Third Ground: Renegotiating Office Leases Post-COVID

David Leffler and David Jacoby in NYLJ – The Third Ground: Renegotiating Office Leases Post-COVID

Our partners David Leffler and David Jacoby of New York recently co-authored an article for New York Law Journal that discusses legal strategies for renegotiating or terminating office leases in light of the pandemic.

Here are a few excerpts from the article:

We live in unprecedented times where industries, business models and interpersonal rules all have shifted dramatically, thrusting a knife into the hearts of many businesses. Those businesses often have leases for office or retail spaces which were a valuable part of their business model in a pre-COVID-19 environment, but now, suddenly, these leases are burdensome and unusable.

We believe that current circumstances present an opportunity for tenants to use new strategies to renegotiate or even terminate leases.

Read their entire article HERE to learn more.

About Culhane MeadowsBig Law for the New Economy®
The largest woman-owned national full-service business law firm in the U.S., Culhane Meadows fields over 70 partners in ten major markets across the country. Uniquely structured, the firm’s Disruptive Law® business model gives attorneys greater work-life flexibility while delivering outstanding, partner-level legal services to major corporations and emerging companies across industry sectors more efficiently and cost-effectively than conventional law firms. Clients enjoy exceptional and highly-efficient legal services provided exclusively by partner-level attorneys with significant experience and training from large law firms or in-house legal departments of respected corporations. U.S. News & World Report has named Culhane Meadows among the country’s “Best Law Firms” in its 2014 through 2020 rankings and many of the firm’s partners are regularly recognized in Chambers, Super Lawyers, Best Lawyers and Martindale-Hubbell Peer Reviews.

The foregoing content is for informational purposes only and should not be relied upon as legal advice. Federal, state, and local laws can change rapidly and, therefore, this content may become obsolete or outdated. Please consult with an attorney of your choice to ensure you obtain the most current and accurate counsel about your particular situation.