Force Majeure and COVID-19: Illinois Bankruptcy Court Rules That Force Majeure Provision Partially Excuses Rent Payments

The landlord argued that the force majeure clause did not apply at all for three primary reasons. The Bankruptcy Court rejected each of the landlord’s arguments.

Filed under:
USA, Insolvency & Restructuring, Litigation, Real Estate, Duane Morris LLP, Landlord, Force majeure, Coronavirus, Paycheck Protection Program, Title 11 of the US Code
Authors:
Gregory S. Bombard , Dominica C. Anderson , Sheila Raftery Wiggins , Sean S. Zabaneh
Location:
USA
Firm:
Duane Morris LLP