Loring Studios of Massachusetts, Inc. v. Scheft

The plaintiff sued the defendants for reimbursement of the money it expended to automate an elevator located in a building in which the defendants leased space to the plaintiff. Although the lease is silent on the point, the plaintiff claimed that it had made this expenditure in exchange for a reduction in monthly rent. With over three years of the lease term remaining, the building was destroyed by fire. The plaintiff asserts that because the fire prevented the plaintiff from receiving the full benefit of the reduced rent throughout the six-year term of the lease, it is entitled to a pro…