Schulte Roth & Zabel offices. Photo: Diego Radzinschi/ALM Schulte Roth Can Proceed With Suit Seeking Tens of Millions in Rent Abatement After COVID-19 'Forced' Employees From Offices
Back in October 2020, when Schulte filed its rent-abatement suit, the complaint asked for at least $10 million in damages. But the complaint also made clear in its breach-of-contract cause of action that its rent-focused damages were "continuing." It now appears mounting damages being claimed could top $20 million.
February 25, 2022 at 06:46 PM
6 minute read
A lawsuit filed by Schulte, Roth & Zabel that seeks to recoup tens of millions of dollars in rent money after COVID-19 forced its Manhattan employees to work from home will move past the motion to dismiss stage, a New York appeals court has ruled.
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