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Wednesday, May 26, 2021 Even prior to the COVID-19 pandemic, most retail bankruptcy cases involved at least some effort to maximize value by selling real estate holdings. The Bon Ton Stores, Forever 21, Sears, and Toys ‘R’ Us cases, among others, are perfect examples. These cases have, for the most part, achieved such sales under section 363(f) of the Bankruptcy Code with minimal resistance, typically on expedited time-frames. The lingering impact of the pandemic will likely continue to cause more distress to retail real estate owners who have seen dwindling revenues as a result of shut downs, capacity restrictions as well as government-mandated rent deferrals. Indeed retail real estate has been one of the hardest hit markets by the COVID pandemic.  This unprecedented revenue depletion will undoubtedly pose new and significant challenges to debtors seeking approval of real property sales free and clear of liens under section 363(f); decreased revenues often correlate

Criim mae servsMatthew benderBeker industries corpBon ton storesClear channel outdoor incToysr usAtlanta retail incBankruptcy codeClear channel outdoorCriim maeமேத்யூ பெண்டர்பான் டன் கடைகள்தெளிவானது சேனல் ஔட்‌டோர் இன்க்திவால்நிலை குறியீடுதெளிவானது சேனல் ஔட்‌டோர்