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Even though the statutory requirement for payment of all post-petition lease obligations is clear and unambiguous, the question arises: How is it that landlords in chapter 11 bankruptcy cases -- and particularly, in the large retail cases that occupy the bankruptcy courts every year -- find themselves trapped in involuntary servitude to debtors who continue to use a leased location, generate income from that use, and then stiff the landlord for significant amounts of rent?
March 15, 2004 at 12:00 AM
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The original version of this story was published on New Jersey Law Journal
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