On December 14, 2020, Judge Marvin Isgur of the United States Bankruptcy Court for the Southern District of Texas, issued an important decision in the CEC Entertainment, Inc. (Chuck E. Cheese) bankruptcy case, Case No....more
12/16/2020
/ Abatement ,
Business Closures ,
Chapter 11 ,
Commercial Bankruptcy ,
Commercial Leases ,
Contract Terms ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Force Majeure Clause ,
Frustration of a Common Purpose ,
Government Lockdown ,
Infectious Diseases ,
Rent ,
Rental Property
On March 2, 2016, Sports Authority, Inc. (“Sports Authority”) and six of its affiliates filed for Chapter 11 bankruptcy in Delaware. The filing will significantly impact Sports Authority’s landlords and trade creditors. In...more