Owners Can Minimize Tenant Default Risks

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Richard Levy, Chairman of Pryor Cashman's Bankruptcy Group, has written an informative article entitled "Owners Can Minimize Tenant Default Risks." The article, which appears in the May 2007 issue of Property & The Law, explains how a landlord can minimize the financial risk of a tenant's default and, in the event the tenant goes into bankrupcy, how the landlord can maximize recovery of lost rent.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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