Supreme Court: Mall of America can challenge Sears' $10-a-year lease
The Supreme Court unanimously decided that the Mall of America can challenge a lease it has with Sears. • In 1991, the mall gave Sears a 100-year lease on a three-story location for just $10 per year. • After Sears went bankrupt in 2018, the retailer's owner sought to sublet the store to another…
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