Newsletter Restructuring, Recapitalisation & Insolvency, June 2020
Obligation to file for insolvency due to rent arrears caused by the Coronavirus
The COVID-19 pandemic and the related lockdown have led to dramatic economic losses for many companies. As a result, many companies were and are currently unable to continue paying their rent on time. Accordingly, these companies were at risk of having their lease agreements terminated due to rent arrears caused by the coronavirus crisis. As a consequence, they would have been threatened with the loss of the rented premises and areas and thus of the basis of their business activities.
Newsletter Restrukturierung, Sanierung und Insolvenz_Juni 2020_en_BEITEN BURKHARDT.pdf