Tenants who are now involved in a sublease of space or an assignment of a lease that includes a COVID deferred rent payment obligation need to consider and clarify their responsibility for that future ...

Generally accepted accounting principles dictate that rent expense should be shown on the financial statements of a business as a consistent amount from month to month. In accounting parlance, that's ...

In an effort to survive the financial fallout of the coronavirus pandemic, thousands of New York City restaurateurs entered into a perilous agreement with their landlords: deferring rent in the hopes ...

Generally, when an entity files bankruptcy, payments it made to its creditors in the 90 days prior to the bankruptcy filing are subject to potential recapture—even though the payment was made on ...

Despite all the pre-pandemic talk of a "retail apocalypse," many of these once-healthy chains have never been in a distressed situation. The continued presence of Covid-19 is highlighting a reality ...

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