Last year, while your life shifted to monitoring COVID-testing statistics, masking protocols, and your progress toward finding the end of the internet, a new facet of Chapter 11 of the Bankruptcy Code came into being. You may...more
Most every business relies on executory contracts, which often contain at least one bankruptcy provision. It is important for businesses to be aware of the common bankruptcy provisions that cannot be enforced in a bankruptcy...more
Goodbye LIBOR - Hello Operational Headache!
A sea of change is on the horizon for benchmark interest rates as financial regulators respond to the need to replace the London Interbank Offered Rate (“LIBOR”). LIBOR has lost...more
10/22/2019
/ ALTA ,
Bankruptcy Code ,
Benchmarks ,
Consumer Bankruptcy ,
Interest Rates ,
Land Preservation ,
Landlords ,
Libor ,
Marijuana ,
Pay if Paid ,
Stormwater Discharge Permits ,
Surety Bonds ,
Tax Credits ,
Tenants ,
Title Insurance
So, your distressed tenant filed for bankruptcy? Commercial landlords in this situation often are “surprised” to learn that their tightly wound lease agreements can be unraveled at the proverbial snap of a finger. The...more