Doyle and Pleskov discuss damages in breach of shopping center lease

Doyle and Pleskov discuss damages in breach of shopping center lease
Court Ruling in Genuardi's Case Multiplies Lease Damages
Martin J. Doyle and Igor Pleskov
The Legal Intelligencer

On Aug. 19, 2014, the Superior Court of Pennsylvania reached a decision as to the proper measure of damages for a tenant's breach of a shopping center lease. The court's decision has important implications for practitioners negotiating damages clauses, in particular when drafting language imposing a duty to mitigate or discounting lost rent damages to present value.

Martin Doyle and Igor Pleskov discuss this important and unexpected decision and offer key takeaways for practitioners.