Northern District Of Illinois Bankruptcy Court Holds That Executive Order Barring Restaurant Operations On-Premises In Light Of COVID-19

NORTHERN DISTRICT OF ILLINOIS BANKRUPTCY COURT HOLDS THAT EXECUTIVE ORDER BARRING RESTAURANT OPERATIONS ON-PREMISES IN LIGHT OF COVID-19 IS A FORCE MAJEURE EVENT THAT PARTIALLY EXCUSES DEBTOR RESTAURANT’S PAYMENT UNDER THE LEASE

Filed under:
USA, Insolvency & Restructuring, Litigation, Real Estate, A&O Shearman, Force majeure, Coronavirus
Authors:
Adam S. Hakki , Grace J. Lee , Jeffrey J. Resetarits , Daniel Lewis
Location:
USA
Firm:
A&O Shearman