Cautionary Tales For Landlords Of Bankrupt Tenants

Law360, New York (September 8, 2017, 4:32 PM EDT) -- It has become a truism in recent years that consumers have changed their shopping habits, shifting away from brick-and-mortar stores to online shopping. As a result, retailers have sought to close physical stores and extract themselves from real-property leases. This new dynamic can present commercial landlords with a number of risks, including the possibility of breached leases and tenant bankruptcies.

In planning for such risks, commercial landlords should be aware of a provision of the Bankruptcy Code — Section 502(b)(6) — that may limit their ability to recover certain damages in the event their tenants file bankruptcy. In some cases, landlords...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!