Quantcast
Home / Opinion Digests / Business Law / Damages awarded for commercial lease breach (access required)

Damages awarded for commercial lease breach (access required)

Where defendant restaurant breached its lease by failing to pay rent and going out of business, a liquidated damages clause in the lease is not unconscionable and will be enforced. Plaintiff landlord is entitled to $514,919 in damages from the restaurant and $403,705 against the individual defendant guarantor. Facts Prendergast Group (PGI), which operated an East Coast Sub ...