On behalf of Jenner & Block’s Real Estate Litigation and Counseling Group, we are pleased to present this newsletter, which is designed to inform lawyers and business leaders about key legal developments affecting REITs, developers, brokers, investors, contractors, tenants, and other real estate industry participants. In this edition, we cover topics affecting these industry players:
- Landlords and Tenants: Indiana judgement concerning lease agreements and eviction moratoria in the COVID-19 context
- Purchasers and Sellers: Massachusetts rejects COVID-19 impossibility argument
- Lenders and Borrowers: New York Supreme Court enjoins UCC foreclosure sales because of COVID-19, suit over Market Disruption clause in the COVID-19 context, and New York Appellate Court holds lack of authority to enjoin judicial foreclosure sale
- Developers: Federal Judge rejects COVID-19 excuse and sanctions on missed deadline
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