July 8, 2020 – Larry Hutcher, Co-Managing Partner at DHC, spoke to The Real Deal about the possibility that the federal government could ban TikTok, the popular video sharing app, from operating within the United States. He noted that the social media company could argue for the termination of its Times Square lease based on “frustration of purpose” – an argument other companies have used when a major event (such as a global pandemic) has undermined the purpose for which the contract was signed.
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