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What to Do When Your Lease Goes into Default

  • Training

  • 2 Hours
  • Massachusetts Continuing Legal Education, Inc. (MCLE)
  • ID: 5990340

How bankruptcy filings and lease provisions dramatically impact both landlord and tenant rights under commercial lease agreements

Both Chapter 7 and Chapter 11 bankruptcies alter rights for landlords and tenants. Understanding which lease provisions are affected is critical to managing lease obligations in bankruptcy, including landlords’ rights to enforcement of lease restrictions and the ability collect rents. Tenants can utilize the Bankruptcy Code’s relief provisions to assume or reject a lease, limit breach and termination claims, and overcome anti-assignment provisions.

Course Content

12:00 - 12:55 pm
Impact of Bankruptcy Filings on Landlord and Tenant Rights Under Commercial Lease Agreements

Rent collection in bankruptcy Relief from the automatic stay
Assumption and assignment of leases
Lease rejection claims

Alex F. Mattera, Esq.,
Pierce Atwood LLP, Boston

12:55 - 1:50 pm
Lease Default Provisions and Remedies

Default v. event of default
Monetary defaults and non-monetary defaults
Incurable defaults Repeated defaults
Remedies available to landlord
Landlord defaults

Jennifer Ioli Connelly, Esq.,
Sherin and Lodgen LLP, Boston

1:50 - 2:00 pm
'Ask the Experts' Q&A Session and Key Takeaways

Panel

Please Note
This webcast is delivered completely online, underscoring their convenience and appeal.
There are no published print materials. All written materials are available electronically only.
They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Speaker(s)

Faculty

Jennifer Ioli Connelly, Esq.,
Sherin and Lodgen LLP, Boston

Alex F. Mattera, Esq.,
Pierce Atwood LLP, Boston