No Fear Scaring Mall Owners

by The Editors on December 13, 2010

No FearThe lawsuits against No Fear appear to be piling up as the Carlsbad, California based company has reportedly failed to pay their rent in many of their mall locations, according to a story in the Los Angeles Times.

Among the malls that have taken No Fear to court are the Irvine Spectrum and Block at Orange, both of which filed lawsuits in Orange County Superior Court; and shopping centers in Arcadia, West Covina and Valencia, which filed suits in Los Angeles County Superior Court. . . Irvine Co., which owns the Spectrum, obtained a judgment against No Fear in October after the retailer failed to defend a lawsuit that said it was $49,000 behind in rent. The judgment opened the door for an eviction, but an Irvine Co. spokeswoman said the No Fear store at the Spectrum is still open. The clothing company settled each of the Los Angeles County lawsuits out of court.

As many retailers are probably saying this time of year, “If we can just make it through Christmas everything will be alright.”

[Link: Los Angeles Times]

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