A large retailer entered into an agreement with a developer planning to develop a string of shopping malls in which the retailer would be the anchor tenant.
A large retailer entered into an agreement with a developer planning to develop a string of shopping malls in which the retailer would be the anchor tenant. The malls were not built, and when the contract came up for renewal, the new owner of the retailer declined to renew the contract. The developer sued for breach of contract. On behalf of counsel for the defendant, Cornerstone Research worked with an expert to assess alleged damages, including the potential profitability of the contract to the developer and the developer’s ability to complete the deal.