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City sues high-tech manufacturer for three years of back rent in waterfront building
By adamg on Sat, 07/21/2012 - 9:37am
Boston's Economic Development and Industrial Corp. has gone to court to recover what it says is nearly $570,000 in back rent on a floor in a building in the Boston Marine Industrial Park used to make semiconductor wafers.
EDIC, which runs the industrial park, filed a lawsuit in US District Court in Boston yesterday against the US subsidiary of Umicore, a Belgian company, for back rent owed by Semiconductor Processing Co., to which Umicore has subleased the seventh floor at 12 Channel St. since 2007.
EDIC says Semiconductor Processing stopped paying its rent in June 2009 and that it went after Umicore because that company agreed to be ultimately responsible for rent payments.
In its suit, EDIC asks for the back rent, penalties and lawyers' fees.
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Comments
When I hear about things like
When I hear about things like this, I find it strange that businesses are often left in arrears much longer than any residential tenant would ever be before legal action (or eviction) occurs. I can't quite figure out why, either.
Because businesses have
Because businesses have employees and customers. Evicting residents only affects the residents whereas evicting businesses affects many others.
sounds like a case of two guys pointing at each other
saying "HE'S responsible". These leases allow the landlord to refuse a sublease or to turn it into a direct lease. Sounds like someone at EDIC didn't do their "due diligence" and is now running for cover.