Bankruptcy, Restructuring, and Creditors’ Rights
Will the “Return to Normalcy” Increase Tenants Seeking Bankruptcy Relief? May 20, 2021
Presently no moratorium or mandate that prevents a commercial landlord from evicting a tenant in default exists. Federal and local governments have encouraged landlords to work with their tenants during the evolving impact of the COVID-19 pandemic. In contrast, residential tenants have been afforded a moratorium until at least June 30, 2021, in most instances. That said, some courts have recently issued rulings deeming the Center for Disease Control’s orders related to the eviction moratorium as unconstitutional. Unless further extended or
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