The parties dispute whether plaintiff tenant's 2006 assignment of shares to a third-party investor violated the lease by transferring 50% or more of its holdings without defendant landlord's prior consent. Plaintiff demonstrated its prima facie entitlement to summary judgment; both its investor's affidavit and the shareholders agreement established that less than a 50% share of ownership in plaintiff had been transferred. The burden then shifted to defendant to offer admissible...
Let's get started

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.