How Are Shopping Center Leases Treated in Bankruptcy? - Creditor’s Rights Toolkit

Section 365(b)(3) of the Bankruptcy Code provides special protections for landlords of shopping center leases, which often come into play when a tenant-debtor selling its assets seeks to assume and assign a lease to a potential buyer. This article will discuss the protections and obstacles for landlords when a tenant of a shopping center enters bankruptcy.

Troutman Pepper Locke's Creditor’s Rights Toolkit is a series that provides practical insights to help creditors confront the challenges of commercial bankruptcy.

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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. Attorney Advertising.

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