LOSS IN BUSINESS NOT ADDRESSED
Two tenants that CNA spoke to under condition of anonymity said that the compensation should take into account the drop in business, pointing to losses incurred since news of the lease termination broke.
Both are hoping to negotiate better settlement terms with Avista, but may resort to legal avenues as “the last step” if this fails.
One tenant described the loss in business as a “sharp and drastic drop”, as customers were reluctant to commit due to the uncertainty of continued service. Since September, sign-ups were “very rare”, the tenant said. He added that the losses were obvious when comparing the months of August and October.
Apart from compensation, the tenant hopes that Hao Mart can waive rents for the remaining tenancy to help them cope with operational losses. The tenant will be consolidating the data that Avista requested before responding to Hao Mart’s offer.
