Many commercial landlords are increasingly alarmed that COVID-19 may cause a surge in tenant bankruptcies or restructurings. We outline below the major issues for landlords arising from tenant defaults and insolvencies and suggest best practices to minimize losses.
Canada, Quebec, Insolvency & Restructuring, Real Estate, McMillan LLP, Coronavirus, Companies' Creditors Arrangement Act 1933 (Canada)
Many commercial landlords are increasingly alarmed that COVID-19 may cause a surge in tenant bankruptcies or restructurings. We outline below the major issues for landlords arising from tenant defaults and insolvencies and suggest best practices to minimize losses.
Canada, Insolvency & Restructuring, Real Estate, McMillan LLP, Coronavirus, Companies' Creditors Arrangement Act 1933 (Canada)