March 26, 2021
Bankruptcy partner Bob LeHane
was recently quoted in a Bloomberg Law
article. The article focuses on how commercial landlords now have a greater incentive to grant rent deferrals to struggling brick-and-mortar businesses following a temporary rule change that prevents bankrupt tenants from recouping rent payments made under those deals.
“Credible lawsuits against landlords to claw back preference payments are fairly rare but they do happen, and they typically settle around 50 cents on the dollar,” said LeHane.
You can read the full story here