Furchgott's, Inc. v. Jacobs

Appellant seeks review of an adverse declaratory decree construing its rights under a shopping center lease. The specific question involved is whether the lease provisions permit the landlord to cancel another lease with a different tenant in the shopping center and re-lease the latter tenant’s space to a new tenant for the operation of another department store which will compete with appellant’s operation of a similar facility.

In ruling that the landlord was not prohibited by the terms of its lease with appellant from doing so, the chancellor rejected appellant’s contention that the lease…