Exclusives And Non Compete Clauses
My question involves real estate located in the State of: NY
I have a store in a shopping center that sells breakfast and lunch National Franchise.
The land lord wants to open a store another national franchise that shares the same property as my shoping center but that land is under a separate corporation. this will probably cause my sales to drop 3000 a week if they open.
The store will be opened 150 ft from my store.
the property is a separate corporation so my exclusives and non- compete means nothing however its the same owners.
do i have any ground to stand on for a lawsuit? separate corporations are established for both properties but the same owners (landlord) owns these properties.
Re: Exclusives And Non Compete Clauses
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Quoting
wrongsocks
the property is a separate corporation so my exclusives and non- compete means nothing
That's probably the beginning and end of it, right there. You need to consult a local lawyer to discuss your options.