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News & Updates

Daily Three: June 11

Date

June 11, 2020

Read Time

1 minute

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  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.


Filed under: Corporate, Employment & Executive Compensation, Financial Services & Restructuring, Litigation

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