Plaintiff manufactured soda water carbonation bottles in China. Defendant sold those bottles in the USA and France (and was a French company). The breach of contract was of a settlement agreement entered into in 2016 that resulted in a second lawsuit filed in 2018.
Tenant has occupied two buildings of landlord for over 30 years. Dispute arose due to question as to whether tenant properly exercised, or exercised at all, his third of four 10-year lease extensions. Tenant claims he did. Landlord says he did not. Tenant’s rent rate is substantially below market, which made his business attractive for purchase and he wants to sell it but can’t unless he gets an option to buy.