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<a href="http://www.accessmylibrary.com/coms2/summary_0286-34887540_ITM" title="Facts and information about What every commercial landlord should know about the treatment of leases in Chapter 11 reorganizations.(credit column)">What every commercial landlord should know about the treatment of leases in Chapter 11 reorganizations.(credit column)</a>
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What every commercial landlord should know about the treatment of leases in Chapter 11 reorganizations.(credit column)
Business people have heard more and more in recent months about the credit crunch. Landlords have witnessed some of the impact of this predicted crunch in recent Chapter 11 retailer bankruptcy filings. Savvy landlords are reviewing the effects of potential tenant bankruptcies on their leases so that they may protect themselves when a tenant seeks to operate in Chapter 11, assign their space to a third party or abandon the space altogether. This article sets forth the basic rules that landlords should keep in mind when a tenant files a Chapter 11 bankruptcy case.
The automatic stay. Section 362 of the Bankruptcy Code, a provision referred to as the "automatic ...
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