Resolving a Complex Commercial Lease Dispute

About This Case

A commercial property owner, Mr. Johnson, leased office space to a tech startup, TechConnect, for a five-year term. However, a year into the lease, TechConnect faced financial difficulties and sought to terminate the lease prematurely. Mr. Johnson insisted on enforcing the lease agreement.

Real Estate LawResolving a Complex Commercial Lease Dispute

Time Frame6 Months

LawyerLucky Nwokeafor

Primus Legum stepped in, leveraging our negotiation skills to reach a settlement that protected our client’s interests without the need for costly litigation. Result: A satisfied client and a resolved dispute.

Challenge

TechConnect’s financial instability.
Disputes over lease terms and termination clauses.
The need to mitigate financial losses for both parties.

Estate Planning
Business and Corporate Law
Contract Law
Real Estate Law

Our Process

1. Mediation

Primus Legum initiated mediation to foster communication between the parties. This helped identify common ground and facilitated a potential resolution.

2. Lease Structuring

Negotiations led to the restructuring of the lease agreement, allowing TechConnect to downsize their space and pay a reduced rent until they stabilized financially.

3. Legal Documentation

Our team drafted an amended lease agreement reflecting the negotiated terms and ensured compliance with relevant contract and real estate laws

Result

TechConnect avoided bankruptcy and continued operations.
Mr. Johnson retained a long-term tenant with reduced rent.
A mutually beneficial resolution was reached, avoiding costly litigation.