Bankruptcy Implications for Commercial Landlords with Bankrupt or Near-Bankrupt Tenants

Real Estate Attorneys Amy Klug and Meg Raker authored an article in Pratt's Journal of Bankruptcy Law discussing the implications for commercial landlords with bankrupt or near-bankrupt tenants. With tenant closures and lease defaults on the rise in the wake of the economic downturn caused by the COVID-19 pandemic, tenant bankruptcy filings are a major concern for landlords across the real estate industry. This article is intended as a guideline for commercial landlords evaluating their leases and workout options—but it is not an exhaustive list of all of the intricacies and consequences that may follow a tenant bankruptcy.

READ: Bankruptcy Implications for Commercial Landlords with Bankrupt or Near-Bankrupt Tenants