Landlords lost a bankruptcy fight to force
- U.S. Bankruptcy Judge
Christopher Sontchiin Wilmington, Delaware gave the clothier permission to withhold about $14 million in rent for August and September, finding that the economic crisis isn’t over just because many states have allowed retailers to reopen
- Before Sontchi ruled, landlord attorneys said they feared that if Brooks Brothers could skip rent payments, other bankrupt retailers would try to do the same
- Sontchi rejected arguments that Brooks Brothers was refusing to reopen stores simply ...