If the landlord see that you will not be able to pay the judgment, he may be willing to negotiate the rent with you. The court, on the otherhand, has a duty to follow the law and will rule according to the terms of the contract or if there are no terms, will rule based on common law - which is the benefit of the bargain damages measure that I discussed above.
The landlord would be entitled to get the profit he would have realized on the balance of the rental which would be less than $260k. The court does not have authority to change the terms of a contract if the landlord refuses to agree to such modified terms. However, the court can ask the landlord to mitigate his damages and require the LL to exercise best efforts to find another tenant to take over the balance of the lease and thereby reduce his damage amount.
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