comparemela.com

Latest Breaking News On - Hawkeye entmt - Page 1 : comparemela.com

Landlords Given Reasons To Sweat:

Landlords Beware: Bankruptcy Court Litigation Could Come At A Cost - Real Estate and Construction

To print this article, all you need is to be registered or login on Mondaq.com. Those who lease commercial property may find themselves unwilling participants in complex proceedings before the U.S. bankruptcy courts when a tenant files bankruptcy. Meanwhile, the lease becomes an asset among the property of the estate of the debtor, and the automatic stay imposed by U.S. Bankruptcy Code 1 serves to halt all collection and eviction activity in their tracks. In light of the fast-pace of many Chapter 11 reorganizations, often involving going-concern sales, it is imperative that a landlord be vigilant in monitoring the case and asserting lease and

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.