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The Bankrupt Tenant – An Overview of Evolving Laws Impacting Commercial Tenancies 2022

Product ID: CA3397D
Presented By: State Bar of Wisconsin PINNACLE

When business isn’t booming

During the pandemic, commercial tenant bankruptcies became a common reality for many landlords, with retail and restaurant business closures on the rise. But recent case law and newly enacted amendments to the Bankruptcy Code changed the game for some commercial landlords and tenants. For struggling businesses, bankruptcy can be a way out of crippling debt, making it possible to restructure the business or dissolve it completely. But when a business owner files for bankruptcy, what happens to their outstanding commercial leases?

Attend The Bankrupt Tenant – An Overview of Evolving Laws Impacting Commercial Tenancies to receive a primer on bankruptcy basics, as well as timely guidance on:

  • Provisions of the Bankruptcy Code that apply to commercial tenancies
  • Unique provisions and adjustments made to address pandemic considerations
  • Recent case law impacting the rights of both tenants and landlords
Read More ↓

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Member $89.00

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Upon purchase, this OnDemand program is available to view for 90 days.

Credits are no longer available for this OnDemand program.

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When business isn’t booming

During the pandemic, commercial tenant bankruptcies became a common reality for many landlords, with retail and restaurant business closures on the rise. But recent case law and newly enacted amendments to the Bankruptcy Code changed the game for some commercial landlords and tenants. For struggling businesses, bankruptcy can be a way out of crippling debt, making it possible to restructure the business or dissolve it completely. But when a business owner files for bankruptcy, what happens to their outstanding commercial leases?

Attend The Bankrupt Tenant – An Overview of Evolving Laws Impacting Commercial Tenancies to receive a primer on bankruptcy basics, as well as timely guidance on:

  • Provisions of the Bankruptcy Code that apply to commercial tenancies
  • Unique provisions and adjustments made to address pandemic considerations
  • Recent case law impacting the rights of both tenants and landlords
Read More ↓

Mason A. Higgins is an Associate in Michael Best’s Litigation practice. He represents companies both large and small, helping them navigate all stages of civil litigation and reorganization. Mason is eager to assert and defend his clients’ rights, even in the courtroom. When financial disaster strikes or insolvency is unavoidable, he is prepared to guide his clients through the bankruptcy process and towards a fresh start.

Prior to joining Michael Best, Mason gained valuable experience working as a law clerk at a boutique bankruptcy firm. During law school Mason joined the Frank J. Remington Center to hone his advocacy skills in two litigation-focused legal clinics, the Criminal Appeals Project and the Constitutional Litigation, Appeals, and Sentencing Project. Mason brings these experiences, his military attention to detail, and his passion for service to the Litigation team at Michael Best.

Mason serves as a First Lieutenant (Infantry) in the Wisconsin Army National Guard. Before pursuing his career in law, he served as a police officer for the City of Madison, Wisconsin.

Christopher J. Schreiber, a partner at Michael Best, is a trusted advisor to a myriad of clients facing insolvency-related challenges and opportunities. Years of litigation experience in state and bankruptcy court gives Chris the perspective to provide pragmatic and comprehensive counsel, enabling his clients to make informed business decisions under difficult circumstances. 

In particular, Chris has extensive experience representing banks, private equity, corporations, and other secured and unsecured creditors with respect to bankruptcy, commercial foreclosures, and workouts. Chris also has complementary practices involving real estate, construction, and cannabis matters.

Chris enthusiastically supports many Milwaukee-area nonprofits and passionately serves his community. Chris is a director and committee co-chair for Acts Housing, which is dedicated to empowering families through affordable homeownership. Chris is also a director for Hispanic Professionals of Greater Milwaukee, which works with Milwaukee-area students, professionals, and organizations to help Hispanic professionals achieve greater levels of success.

Prior to joining Michael Best, Chris was a shareholder in a Milwaukee-based full-service firm, where he served as Chair of the firm’s Bankruptcy and Creditors’ Rights practice and Co-chair of the Hemp, CBD, and Cannabis practice.

  • Receive a refresher on bankruptcy basics
  • Understand provisions of the Bankruptcy Code relevant to commercial leases
  • Explore issues that are unique to commercial tenant bankruptcies
  • Get an overview of recent case law impacting landlords and tenants
  • Commercial real estate attorneys
  • Landlord/tenant lawyers
  • Bankruptcy practitioners
  • General practitioners
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