Our firm represents Landlords and other real estate interests in Bankruptcy proceedings. Sometimes we even represent Tenants who call on us for our expertise. With respect to representing Landlords, many national companies choose to file their cases in New York's Southern District. The Bankruptcy Code requires, in addition to other things, that a debtor-tenant perform its obligations under the lease after the date upon which the Bankruptcy is filed, and also to assume or reject a lease within sixty (60) days of the filing (subject to extension by the Court). At times, debtor-tenants do not always comply with their leases and/or seek to extend their time to assume or reject for lengthy periods of time beyond the sixty (60) day period. Since Landlord's rights are substantially effected in the early days of a Tenant's Bankruptcy, it is important for Landlords to obtain knowledgeable representation immediately. All too often, Landlords believe that they cannot do anything in a Tenant's Bankruptcy and do nothing. With diligent, knowledgeable representation, from enforcement of the Bankruptcy Code provisions which protect Landlords, to filing and prosecuting claims against the Bankrupt Tenant's Estate, Gleich, Siegel & Farkas is here to assist. Click on Decisions of Interest on our website to see what diligent representation can achieve. |