Capabilities

Retail tenant workouts

Commercial real estate firm

Our attorneys worked through voluntary and involuntary terminations of leases related to retail tenants, including restaurants and other food-related venues. These negotiations often involve obtaining releases or waivers of liens of personal property from the evicted tenant's suppliers, government entities with tax liens and other lien holders, negotiating intercreditor and subordination agreements and determining ownership and, in the case of restaurants and bars, legal distribution or destruction of any liquor left behind. Some of these projects involved debtor tenants which have rejected their leases and sold their assets using applicable bankruptcy laws.

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