Relief for Retail Tenants in the Post-Bailout Era

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This article develops the possibilities open to retail tenants for taking advantage of bad times by renegotiating terms of their leases, setting forth the relative advantages of each as well as the pitfalls for the landlord. It concludes that while landlords are facing difficulties of their own, the balance tips in favor of working with tenants given the importance of maintaining occupancies.

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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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