Customers and suppliers may not willingly admit they are in distress, even when sources of economic pressure can be found everywhere. However, there are some practical steps you can take to increase your situational...more
8/19/2022
/ Breach of Contract ,
Commercial Bankruptcy ,
Commercial Contracts ,
Contract Terms ,
Creditors ,
Customers ,
Due Diligence ,
Financial Distress ,
Risk Assessment ,
Suppliers ,
Supply Contracts
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
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