Yellowstone Injunction Awarded to Give Longer Cure Period

Facts: A tenant that operated a gym received a notice from the owner of its space ordering it to obtain the proper permits to operate its business, which were required by its lease. The tenant asked a New York trial court for a Yellowstone injunction, which would toll—that is, pause—the period to cure the alleged violations of the lease. The tenant claimed that it was still in the process of obtaining the necessary approvals and permits.

Decision: A New York trial court granted the Yellowstone injunction.

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