Sometimes when you lose - you win!

The tenant defaults. The landlord terminates. The tenant is off to court, seeking relief from forfeiture. The tenant succeeds. The court grants relief, allowing the tenant back into its premises on certain terms and conditions.

Sounds like a win for the tenant - right? Well, not always. Sometimes, terms imposed by the court can be pretty onerous: paying the rent, remedying all defaults, paying the landlord’s expenses and, possibly, honouring additional requirements.

Read the full article here: Sometimes When You Lose - You Win