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Court could find itself in court
By adamg on Fri, 07/23/2010 - 1:01pm
Banker & Tradesman reports Goldman, Sachs (yes, that Goldman, Sachs) is threatening to sue the Massachusetts Land Court if it follows through on its plans to move out of a Goldman, Sachs building on Causeway Street to cheaper digs at the Suffolk County Courthouse before its lease runs out.
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Comments
Stunning.
Walking away from a lease? Yeah, that seems illegal.
If you or I walked away from a lease we'd end up in court, too.
Government agencies are not you or I
Just ask the companies who thought they had signed leases from the sheriff's department.
And most government contracts have an escape clause...
that lets the government get out of a contract if they lost funding. Since the Legislature has been slashing all budgets, especially the court budget, if there is such a clause, it would probably be satisfied.
Would Land Court or Housing Court hear the case?
Land Court's jurisdiction probably falls within the scope of this case, but Housing Court also has authority over tenant/landlord disputes, but I wonder whether or not that's only limited to residential matters... I assume the Land Court itself would not be the defendant (or Respondent, using the Land Court term), rather DCAM or some other property management department within the state..