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ROSEVILLE, CA—Hardly a week goes by without news of another celebrity restaurant operator who is having trouble with his landlord. Is the celebrity tenant at a disadvantage, as compared with a non-celebrity, when it comes to negotiating with the landlord? We chatted with Jim Haslem, a principal with Huntley, Mullaney, Spargo & Sullivan Inc., a real estate and financial restructuring firm, on the subject.

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