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An IP boutique has prevailed in a bizarre court battle over its landlord's attempt to insert a "potentially hostile" tenant into the middle of the firm's downtown space. A judge ruled that Kenyon & Kenyon's sixth-floor option agreement, which gives the firm the right of first refusal, clearly precluded the creation of such a carved-out space. Onerous real estate obligations have driven some New York IP boutiques, notably Pennie & Edmonds, to seek combinations with larger, general-practice firms.
December 27, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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