Anonymous ID: deeea6 March 26, 2020, 6:43 a.m. No.8570905   🗄️.is 🔗kun

With perhaps more $$$ than anyone, who should have years of rent $$ on hand, these Communist bastards are out to set a precedent:

The Cheesecake Factory Tells Its Landlords the Restaurant Won't Be Paying Rent in April

The restaurant chain has 294 locations across the U.S.

 

The Cheesecake Factory has alerted its landlords across the country that the restaurant will be unable to make rent for the month of April due to a lack of business amid the ongoing novel coronavirus (COVID-19) pandemic.

In a statement to PEOPLE on Wednesday, The Cheesecake Factory Chief Financial Officer Matthew Clark said: “In these unprecedented times, there are many factors that are changing on a daily basis given governmental regulations and landlord decisions to close properties. We have to take both into consideration in terms of understanding the nature of our rent obligations and with respect to managing our financial position.”

https://archive.is/wip/eqJKY

 

Hopefully there are sufficient NON-Communist judges who will rule in favor of the landlords.

Do they charge higher rents in the good times, which for "cheesecakefactory" is generally all the time?