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Commercial Tenants and Landlord Real Estate Crisis

Posted by Rich on December 11, 2008
Corporate Bankruptcy Filings, Real Estate / No Comments

Commercial collection and creditor lawyers are going seeing a rise in landlord / tenant matters they are handling.  As the credit crisis continues to move through the economy many landlords are relying on creditor attorneys to renegotiate lease agreements with commercial tenants.  As consumers hold onto their cash, and credit dries up, many commercial tenants are unable to meet their lease obligations.  Additionally more commercial retailers are seeking bankruptcy protection which will almost immediately impact their lease obligations.

Commercial landlords should seek the assistance of creditor attorneys who specialize in representing landlords in commercial lease negotiations and who also have experience protecting creditor’s rights in reorganization matters.

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