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What Happened: A restaurant tenant with a habit of paying rent late took advantage of the COVID-19 shutdown to make some improvements to the space at its own expense, assuming that it would be able to renew once the lease came to an end in August 2021. But the tenant was still in big-time arrears and the landlord nixed the renewal, claiming that the tenant didn’t give proper renewal notice. With relocation out of the question, the restaurant filed for bankruptcy and remained in the space. The landlord then sued to lift the automatic stay so it could evict the tenant.
