With the COVID-19 pandemic stretching on into another year, businesses continue to experience adverse effects. Bankruptcy filings, especially among retailers, were higher than average in 2020, and it is likely that more...more
1/15/2021
/ Bankruptcy Code ,
Bankruptcy Preferences ,
Chapter 11 ,
Commercial Leases ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Creditors ,
Debtors ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
Retailers ,
Small Business
The COVID-19 pandemic is forcing many businesses to close, leaving landlords in the lurch.
The COVID-19 pandemic continues to shake up the nation’s economy. Long-standing companies such as JC Penney, J. Crew, Neiman...more
12/30/2020
/ Automatic Stay ,
Bankruptcy Code ,
Bankruptcy Court ,
Breach of Contract ,
Commercial Bankruptcy ,
Commercial Leases ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Debtors ,
Eviction ,
Landlords ,
Rent ,
Section 362 ,
Section 502
As the COVID-19 pandemic continues to wreak havoc with the nation’s economy, we have started to see bankruptcy filings by well-known companies such as GNC, J. Crew, Neiman Marcus, Modell’s, 24 Hour Fitness, Gold’s Gym, and...more
What are the bankruptcy implications of the treatment of a tenant’s security deposit following a payment default? Many non-residential tenants are now or are likely in the future to be unable to pay rent and landlords will...more
4/27/2020
/ Arrearages ,
Commercial Bankruptcy ,
Commercial Leases ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Default ,
Eviction ,
Landlords ,
Moratorium ,
Remedies ,
Security Deposits ,
Workout Agreements