COVID Shutdown Orders vs. Statutory Rent Obligations

Claud Mccoid

Even though payment of article-petition rent beneath a nonresidential lease (prior to rejection) has historically been an complete prerequisite, individual bankruptcy courts, as courts of equity, have the capability for the duration of these remarkable moments to acquire a a lot more flexible solution. This clearly is an evolving pattern that should really go on for at the very least the length of the pandemic and maybe past, as individual bankruptcy judges and practitioners request out imaginative and exceptional responses to tough issues.

       
Next Post

Large Law Firm Growth Areas Represent Blog Opportunities

The Wall Road Journal’s Sara Randazzo stories that significant firms are prospering despite the Covid-19 economic climate. ”Many significant legislation firms have excelled economically this year, even as some clientele in sectors ranging from hospitality to retail have suffered. The most elite firms say they are on track for a record […]