October 5, 2020
New York Real Estate Journal
For over 50 years, the Yellowstone injunction has been a bedrock protection for commercial tenants. It is the tool by which tenants in New York who receive a notice to cure alleged defaults under a lease may obtain both a judicial toll of their cure period and an injunction temporarily barring the landlord from terminating the lease.
The circumstances surrounding COVID-19 have raised questions about the availability of, and need for, Yellowstone relief. In an article for the New York Real Estate Journal, Joshua Sohn, Kerry Cooperman and Daniel Lewkowicz dig into these questions and more.
October 5, 2020
New York Real Estate Journal
For over 50 years, the Yellowstone injunction has been a bedrock protection for commercial tenants. It is the tool by which tenants in New York who receive a notice to cure alleged defaults under a lease may obtain both a judicial toll of their cure period and an injunction temporarily barring the landlord from terminating the lease.
The circumstances surrounding COVID-19 have raised questions about the availability of, and need for, Yellowstone relief. In an article for the New York Real Estate Journal, Joshua Sohn, Kerry Cooperman and Daniel Lewkowicz dig into these questions and more.
