New York courts have applied the common law doctrines of Impossibility of Performance and Frustration of Purpose narrowly and strictly and only in limited circumstances when raised by commercial tenants who refused to pay...more
5/6/2020
/ Business Interruption ,
Business Litigation ,
Commercial Leases ,
Commercial Tenants ,
Contract Terms ,
Coronavirus/COVID-19 ,
Frustration of a Common Purpose ,
Impossibility ,
Performance Standards ,
Rent ,
Rental Income ,
Rental Property