TENANT'S INSOLVENCY IN LEASE AGREEMENTS
TENANT'S INSOLVENCY IN LEASE AGREEMENTS
Author(s): Simona ChiricăSubject(s): Law, Constitution, Jurisprudence
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: insolvency; lease agreements; the principle of maximization debtor; the insolvent tenant
Summary/Abstract: Constantly increasing interest rates along with the recent economic downturn represent real challenges not only for the tenants but also for the landlords. Usually, the economical blockage is reflected on the business performance of the landlord of commercial premises whose tenants, succumbing to the pressure of creditors and the repercussions of excessive pecuniary obligations intend to file for a reorganization plan.
Journal: Perspectives of Business Law Journal
- Issue Year: 2016
- Issue No: 05
- Page Range: 125-132
- Page Count: 8
- Language: English