WRI Golden State v. Liu
Defendants Michael Liu, Nancy Ko, John Liu, and Min Hui Liu (jointly referred to as appellants) executed a 10-year lease with a predecessor in interest of plaintiff WRI Golden State, LLC (WRI). After five years, appellants were allowed to assign the lease to another tenant, but under the terms of the assignment appellants continued to be liable under the lease. The assignee sold the business several months later, and the purchasers eventually stopped paying rent. WRI brought an action against appellants and the other tenants and was awarded over $100,000 in rent. Appellants contend WRI was barred from collecting back rent from them because it failed to enter into a formal agreement with the purchasers of the business. We affirm.
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