Landlord sues Universal Express, federal judge won't stay penalties South Florida Business Journal - August 10, 2007by Brian Bandell
The landlord of Universal Express' Boca Raton office has sued the company after it missed a deadline to pay past-due rent.
The Securities and Exchange Commission said the luggage shipping company was insolvent and couldn't meet its rent. For evidence in its federal lawsuit in New York, the SEC included a copy of a July 26 notice that 5295 Center Realty Associates sent to Universal Express. It demanded $33,156 in rent be paid by Aug. 2 or that it turn over possession of its office at 5295 Town Center Road.
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