Tenant's Yellowstone Injunction Appropriate Pending Outcome of Late Rent Claims

Facts: A tenant rented space for its office on two floors of a building. When it attempted to exercise its option to renew its lease for an additional five-year term, the landlord offered to buy out the lease, but the tenant rejected the offer. A few weeks later, the tenant received a termination notice, in which the landlord claimed that the tenant had been “late” with certain rental payments and that, as a result, the lease would be terminated the following month.

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