Daily Three: June 11

June 11, 2020

 

  1. Federal Bankruptcy Court Rules Gov. Pritzker’s Executive Order Triggered Lease’s “Force Majeure” Provision. Read the ruling of one recent case. Authored by Gary Blackman.

 

  1. Client Question: "I am a tenant in a commercial building.  If my landlord files bankruptcy, what are my options?" Explore these general concepts. Answered by Sean Williams and Harold Israel

 

  1. Client Question: "What additional due diligence and considerations should a buyer contemplate surrounding the Workers Adjustment and Retraining Notification (WARN) Act liability in light of the COVID-19 pandemic?" Determine compliance and consider how post-closing actions could trigger WARN. Answered by Laura Friedel and Ashik Shah

 

For more resources and LP's response to COVID-19, visit this webpage.

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