Consider Practical Realities When Drafting Landlord Remedies in Commercial Leases

New Jersey Lawyer

8.5.2019

Wilentz Shareholder David Gordon, member of the Real Estate group, and Wilentz Shareholder and Real Estate Co-Chair Todd Lehder share alternative and practical solutions intended to guide commercial landlords when tenants file for bankruptcy. In doing so, the authors consider the monetary and non-monetary nature of the default, the nature of the damages the landlord is facing, and the tenant's financial ability to respond to a claim for damages. 

This article was originally published in the August 2019 issue of New Jersey Lawyer, a publication of the New Jersey State Bar Association, and is reprinted here with permission.