Retail Bankruptcy: How to Prepare and Survive

March 25, 2009
Herrick, Feinstein LLP

2 Park Avenue

New York, NY

Property owners and lenders learned how to prepare for--and protect themselves in--a tenant bankruptcy.

Topics discussed: steps to take before a tenant files for bankruptcy; tenant and landlord rights; rejection damages; what happens to the lease in liquidation; setoff; security deposits and letters of credit.

Panelists included:
Andrew Gold, Partner, Herrick, Feinstein LLP
Stephen Selbst, Partner, Herrick, Feinstein LLP
Harold Bordwin, Managing Director and Group Head, Real Estate Services, KPMG Corporate Finance LLC
Moderated by Jonathan Adelsberg, Partner, Herrick, Feinstein LLP