Does the owner bear the risk in case of bankruptcy?
Due to the tense situation in the hotel industry, various lessees are currently approaching their lessors asking for deferral or abatement of rent payments for the...more
1/29/2021
/ Business Interruption ,
Commercial Bankruptcy ,
Commercial Leases ,
Commercial Tenants ,
Contract Terms ,
Coronavirus/COVID-19 ,
EU ,
Force Majeure Clause ,
Germany ,
Hospitality Industry ,
Hotels ,
Infectious Diseases ,
Insolvency ,
Landlords ,
Rent ,
Rental Property ,
Retailers
Corona virus as a force majeure event in hotel lease agreements -
Rent payment and business interruption insurance -
Since the hotel industry is severely affected by the current situation due to the new corona virus...more
1/29/2021
/ Breach of Contract ,
Business Closures ,
Business Interruption ,
Commercial Leases ,
Commercial Tenants ,
Contract Terms ,
Coronavirus/COVID-19 ,
EU ,
Force Majeure Clause ,
Germany ,
Hospitality Industry ,
Hotels ,
Infectious Diseases ,
Insurance Claims ,
Landlords
Shutdown of hotel operations due to COVID-19 "Corona Virus" - Force Majeure? The COVID-19 "corona virus" pandemic keeps almost the whole world in suspense. The effects on the global economy are not yet foreseeable. ...more
1/29/2021
/ Business Closures ,
Business Interruption ,
Commercial Leases ,
Contract Terms ,
Coronavirus/COVID-19 ,
EU ,
Force Majeure Clause ,
Germany ,
Hospitality Industry ,
Hotels ,
Infectious Diseases