Bankruptcy Risks to Landlord When Tenant Files a Bankruptcy Case

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This practice note discusses the risks to the landlord when a tenant files for bankruptcy and the steps a landlord can take to protect itself following a tenant’s bankruptcy filing.

Once a tenant enters a Chapter 11 bankruptcy case and becomes a debtor-in-possession, it has the option of assuming (and perhaps assigning) or rejecting its unexpired lease.

Originally published as a 2020 Lexis Practice Advisor® Practice Note.

Please see full article below for more information.

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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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