Description
Join us for this 60-minute video as our expert panel takes an in-depth look at the Bankruptcy Code provisions pertaining to unexpired commercial leases and how both landlords and tenants can successfully navigate the chapter 11 process.
Topics to be discussed include:
• The automatic stay’s impact on unexpired leases of non-residential real property
- Rights afforded to a tenant
- Limitations on landlord’s rights
• Tenant’s options regarding its unexpired non-residential real property leases generally (subject to business judgment rule)
- Rejection
- Assumption
- Assumption and assignment
• Time limitations within which tenants must act with respect to unexpired non-residential real property leases
• Rejection of unexpired non-residential real property leases
• Assumption or assumption and assignment of unexpired non-residential real property leases
• Tenant’s obligations pending its decision to reject, assume or assume and assign its non-residential real property leases
• Landlord’s claims against a tenant’s bankruptcy estate
• Special considerations for tenants when a landlord for non-residential real property commences bankruptcy
If you are licensed in New York, this content is appropriate for both newly admitted and experienced New York attorneys. Although, this content is appropriate for all New York attorneys, newly admitted attorneys cannot earn CLE credit for the completion of the course when presented via on-demand.