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New York Bankruptcy Court Breaks from Precedent in Ruling that "Time Approach" Should Be Used to Calculate Landlord's Claim for Lease Termination Damages | Jones Day - Vimarsana News

New York Bankruptcy Court Breaks from Precedent in Ruling that "Time Approach" Should Be Used to Calculate Landlord's Claim for Lease Termination Damages | Jones Day

To prevent landlords under long-term real property leases from reaping a windfall for future rent claims at the expense of other creditors, the Bankruptcy Code caps the amount of a...

New York Bankruptcy Court Breaks From Precedent In Ruling That - Vimarsana News

New York Bankruptcy Court Breaks From Precedent In Ruling That

To prevent landlords under long-term real property leases from reaping a windfall for future rent claims at the expense of other creditors, the Bankruptcy Code...

Source: mondaq.com
Bad 'Timing': Southern District of New York Bankruptcy Court Adopts Time Approach to Limiting Landlord Lease Damages, but Other Damages May Still Be Allowable | Kramer Levin Naftalis & Frankel LLP - Vimarsana News

Bad 'Timing': Southern District of New York Bankruptcy Court Adopts Time Approach to Limiting Landlord Lease Damages, but Other Damages May Still Be Allowable | Kramer Levin Naftalis & Frankel LLP

When enacting the Bankruptcy Code, Congress sought to strike a balance amid the confluence of different — and often competing — interests held by debtors, secured creditors and various...