When the Best Offense is a Strong Defense - A Commercial Landlord's Guide to Dealing with Financial Distress and the Bankruptcy of a Tenant
Trent Rosenthal and Lee Collins
the lease. Awell-versed real estate practitioner will include a number of provisions in the landlord’s “standard” form that are designed to protect the landlord’s rights and offer favorable remedies in the event of a tenant default under the law of the state where the improved real property is located. Landlords should think twice before negotiating away the various rights and remedies that are available under their “standard” form lease. These can take center stage when a tenant’s financial...