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Businesses have been hard hit by the COVID-19 pandemic and resulting “shelter in place” orders issued by state officials. Bankruptcy courts have been flooded with large retailer bankruptcy filings.  Since
Continue Reading New York Commercial Landlords and Practitioners: Maybe There is Hope That New York Courts Will Not Void Leases in The COVID-19 Era

Yesterday, Jaspan Schlesinger LLP appeared telephonically, on behalf of a creditor, in the Pier 1 bankruptcy proceedings before U.S. Bankruptcy Court for the Eastern District of Virginia. Pier 1 Imports,
Continue Reading Bankruptcy Courts Embrace “Business Solutions” in Response to COVID-19 Closures, Allowing Debtors to Press Pause on Lease Obligations