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Expert Analysis

Retail Leases In Bankruptcy And Reorganization

Law360, New York (November 18, 2011, 7:23 PM EST) -- When the economy runs into trouble, owners of commercial properties are brought face-to-face with a host of unpleasant surprises, not the least of which is discovering what happens to lease obligations when a retail tenant becomes involved in bankruptcy or reorganization proceedings. This has been particularly significant in the current recession, where a number of national retail chains have failed....

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