Law360, New York (August 02, 2012, 6:57 PM ET) -- A New York federal judge erred in deciding that a court-issued warrant of eviction dissolved a bankrupt tenant's obligations under a lease agreement, the Second Circuit ruled Thursday, saying New York law extinguishes the landlord-tenant relationship in evictions only when the warrant is executed, not when it's issued by a court.
The bankrupt Association of Graphic Communications Inc. may owe postpetition rent to its landlord, Super Nova 330 LLC, because its bankruptcy stay halted the execution of a prepetition eviction warrant on its midtown New York...
NY Leases End At Eviction, Not At Warrant Issuance: 2nd Circ.
To view the full article, take a free trial now.
