Cheesecake gets caught in middle of mall developers’ $89M legal battle

Cheesecake gets caught in middle of mall developers’ $89M legal battle

LOS ANGELES —A jury award exceeding $89 million in a scuffle between two Los Angeles area shopping malls over The Cheese-cake Factory may teach chains a lesson about the high stakes involved in some tenancy negotiations with large developers.

In November, a Los Angeles Superior Court jury awarded $15 million in punitive damages and $74.23 million in compensation to mall developer Caruso Affiliated Holdings, whose $369 mill

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