LEGAL PROCEEDINGS.
−Removed: Company filed a complaint against COE Bridgewater, LLC (its “Landlord”) in the Superior Court of New Jersey, Somerset County,
−Removed: Chancery Division on July 11, 2025 alleging principally that Landlord illegally locked the Company out of its leased premises in Bridgewater,
−Removed: As a result of the illegal lockout, the Company sought (among other things) a declaration that the lease and all obligations
−Removed: thereunder, including rent, terminated as of the date of the lockout.
−Removed: On September 5, 2025, Landlord filed an answer with counterclaims,
−Removed: which it amended on December 12, 2025.
−Removed: In the counterclaims, Landlord sought a declaration that there was no lockout, or that the lockout
−Removed: was justified, and therefore the lease remains in effect.
−Removed: Landlord also sought damages for the Company’s alleged failure to pay
−Removed: approximately $205 in rent (as of December 31, 2025) following the lockout, and alleged conversion of certain furniture, fixtures,
−Removed: and equipment (FF&E) items within the premises belonging to Landlord.
−Removed: The matter was resolved by way of Termination of Lease and
−Removed: Release Agreement (“Settlement Agreement”) effective April 7, 2026, pursuant to which the Company (among other things) made
−Removed: a termination payment of $765 (which was satisfied with the $200 security deposit and a cash payment of $565) in return for
−Removed: discontinuation of the action, termination of the lease, and an exchange of mutual general releases.
−Removed: The Company exited the Bridgewater
−Removed: premises on April 29, 2026 pursuant to the terms of the Settlement Agreement.
+Added: Company filed a complaint against its Landlord in the Superior Court of New Jersey, Somerset County, Chancery Division on July 11, 2025
+Added: alleging principally that Landlord illegally locked the Company out of its leased premises in Bridgewater, New Jersey.
+Added: As a result of
+Added: the illegal lockout, the Company sought (among other things) a declaration that the lease and all obligations thereunder, including rent,
+Added: terminated as of the date of the lockout.
+Added: On September 5, 2025, Landlord filed an answer with counterclaims, which it amended on December
+Added: In the counterclaims, Landlord sought a declaration that there was no lockout, or that the lockout was justified, and therefore
+Added: the lease remains in effect.
+Added: Landlord also sought damages for the Company’s alleged failure to pay approximately $205 in rent (as
+Added: of December 31, 2025) following the lockout, and alleged conversion of certain furniture, fixtures, and equipment (FF&E) items within
+Added: the premises belonging to Landlord.
+Added: The matter was resolved by way of the Settlement Agreement effective April 7, 2026, pursuant to which
+Added: the Company (among other things) made a termination payment of $765 (which was satisfied with the $200 security deposit and a cash payment
+Added: of $565) in return for discontinuation of the action, termination of the lease, and an exchange of mutual general releases.
+Added: exited the Bridgewater premises on April 29, 2026 pursuant to the terms of the Settlement Agreement.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.