Between the Lines Blog

Arkansas Businesses Should Prepare for New Laws Passed by the State Legislature
Category: Bankruptcy, Restructuring & Creditor-Debtor Rights, Business, Employment, Legislative Updates, Tax
The Arkansas General Assembly adjourned from its 94th Regular Session on May 1, 2023, starting a 90-day clock until acts passed by the General Assembly become the law of Arkansas. Business owners, professionals and entrepreneurs should be aware of these acts set to become law on July 31. 1. Act 256…
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Bankruptcy Courts are Easing Traditionally Rigid Lease Payment Requirements for Commercial Tenants In COVID-Related Filings
Category: Banking & Finance, Bankruptcy, Restructuring & Creditor-Debtor Rights, Business, Health Care, Litigation
Bankruptcy courts in multiple jurisdictions have granted tenant-friendly relief to companies that have filed for Chapter 11 bankruptcy in recent months. While the Bankruptcy Code typically requires timely performance of lease obligations under 11 U.S.C. ยง 365, bankruptcy courts have employed…
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Assignment of Rents and Bankruptcy
Category: Banking & Finance, Bankruptcy, Restructuring & Creditor-Debtor Rights
If you are a lender whose collateral includes rents from an apartment building, shopping mall, or other income-producing property, you might want to check your loan documents to be sure that you have taken an absolute assignment of those rents. It could save you time, resources, and frustration if…
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