21 Merchants Row Corp. v. Merchants Row Inc.
Supreme Judicial Court of Massachusetts
587 N.E.2d 788 (1992)
Relevant factsFree
Merchants Row Inc. (defendant) acquired commercial property subject to a lease held by 21 Merchants Row (plaintiff). The lease required the lessor's consent for any assignment. When 21 Merchants Row sought to assign the lease to a buyer's lending bank, Merchants Row Inc. refused consent.
IssueFree
Whether, under Massachusetts law, a commercial lessor has a legal obligation to act reasonably in withholding consent to an assignment of the lease.