Commercial Real Estate ·
2024
Lease default settled with a rent reduction
A restaurant tenant kept its space with a reduced rent after a landlord default notice.
Outcome
Settlement
Court or forum
Cook County
Office
Chicago
01
The situation
The landlord had failed to complete promised repairs, then served a default notice when rent was withheld.
02
What we did
We documented the repair obligations under the lease and negotiated a reduction and a new repair schedule.
Case results describe past matters. Every case is different, and past results do not guarantee a similar outcome.