This alert is meant to supply some valuable information for landlords that currently hold tenant letters of credit from Silicon Valley Bank (“SVB”).
SVB was closed this morning by the California Department of Financial...more
The Consolidated Appropriations Act of 2021 (Public Law 116-260) (the Act) contains an important change in bankruptcy law beneficial to landlords of nonresidential properties. Among several amendments to the Bankruptcy Code...more
1/12/2021
/ Bankruptcy Code ,
Clawbacks ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Real Estate Market ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Debtors ,
Debtors-in-Possession ,
Landlords ,
Leases ,
Section 547 ,
Tenants