Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, April 23, 2025

View Back issues

Walgreens real estate flip scheme

CHICAGO — Walgreens will face racketeering, tortious interference and deceptive trade practices counterclaims brought by the commercial landlord of a Walgreens-leased property. The commercial real estate company says the pharmacy chain sent a bunk letter indicating the risk was at risk of closing to induce landlords into selling their properties cheaply to companies that would rent more cheaply to Walgreens or outright sell the properties at market value, kicking part of the profits back to Walgreens.

Read the ruling here.

Categories / Briefs, Business

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.

Loading...