Jenner & Block

“Facing Mass Store Closings as a Retail Landlord,” Law360

In this article, Jenner & Block Partners Anthony B. Borich, Bradley M. Yusim, Kristen M. Boike and Vincent E. Lazar discuss how retail landlords “must navigate a wide variety of legal risks as turmoil in the retail business intensifies.”  The authors explain that retailers have announced more than 3,000 store closings already this year, nearly double the total for all of 2016.  They examine key issues and strategic considerations for landlords to consider as they face mass store closings.  “A coordinated approach employing transactional, litigation and bankruptcy strategies will pay dividends for landlords facing unfavorable market headwinds,” they observe.