Bankruptcy Code Amendments Aimed at Allowing Extended Rent Holidays for Small Business Debtors Pose More Questions Than They Answer
By EsqSocial Corporation 27/01/21
While the recent Bankruptcy Code amendments allow small business debtors to extend their deferral of lease obligations beyond the first 60 days of the bankruptcy case, the amendments raise and leave unanswered important questions for both small and non-small business debtors/tenants. Bankruptcy Code section 365(d)(3) amended to bifurcate rent holiday standards, raises more questions than it answers....
By: Pillsbury Winthrop Shaw Pittman LLP