Boulder landlord succeeds in evicting Twitter over unpaid rent

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Twitter and the landlord signed a lease for four building suites in February 2020, but the corporation failed to pay its rent, according to court documents

A Boulder landlord succeeded in obtaining an order to evict Twitter over unpaid rent, according to recent court documents.

On May 12, Lot 2 SBO — a Delaware limited liability company related to Chicago’s The John Buck Company — filed a complaint against Twitter, alleging unpaid rent. The landlord issued a default notice to Twitter, which went ignored. Through the end of March, Lot 2 SBO instead used a letter of credit deposited by Twitter for $968,000 to pay the rent, “which serves as security for Tenant’s performance under the Lease.”

 

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