2021 will see more billboard lease litigations, more 1st amendment litigations; and cities will try to squeeze more money out of OOH operators (Billboard Insider)
Richard Rothfelder, Partner, Rothfelder Falick. In order to cut costs to offset their reduced income, many OOH operators attempted to slash expenses, such as ground rents. Oftentimes, billboard lessees exercised force majeure clauses in their leases, hopefully securing reduced or deferred rent or other concessions from their lessors. […]
Mon, Jan 4, 2021 at 6:37 PM