Retail bankruptcies are back, driven by high labor costs, rising inflation, and maturing debt. Even if a bankruptcy is a “financial restructuring,” you can count on the bankrupt tenant using the bankruptcy code to reject, renegotiate, or sell some of its leases. Additionally, there may be a “going out of business sale” on your property or you may end up with a new tenant.
In this episode, Eric Greenberg and James O’Brien talk with Bill Hanlon about what you can do before, during, and after a bankruptcy to minimize harm to your operations.
