White Paper

8 Pages
  • 8 Pages

Collection Techniques for Landlords: Assumption, Assignment and Rejection of Lease

 

Review traditional and alternate collection techniques.

For many commercial landlords, consistent receipt of rent and other tenant charges is the key to their business. Most leases outline specific collection techniques and security mechanisms, such as security deposits and guaranties, intended to ensure that the landlord receives rent and other tenant charges consistently. This white paper looks at assumption, assignment and rejection of lease; as well as the tenant's obligations during the gap period.

Agenda

Faculty

Jill L. Nicholson

Jill L. Nicholson

Foley & Lardner LLP

  • Former National Chair of Foley & Lardner Commercial Bankruptcy & Restructuring Group and Member of Real Estate Group
  • Lead counsel to largest commercial special servicer in over $5 billion of defaulted and distressed loans
  • Lead counsel to CMBS investor in $1.7 billion office property portfolio default
  • Lead counsel to secured lender in multi-state portfolio default of 50 multifamily borrowers
  • Lead counsel to multiple lenders and special servicers in connection with Securities & Exchange Committee receiverships involving distressed commercial real estate
Dean M. Victor

Dean M. Victor

Foley & Lardner LLP

  • Special counsel in Foley & Lardner LLP Chicago office
  • Member of Foley’s Business Litigation and Dispute Resolution Practice
  • Extensive experience representing developers, lenders, land-owners, lessors and lessees in all types of real estate related litigtion, including landlord-tenant disputes, condemnations, commercial foreclosures and ad valorem tax protests
  • Former supervisor of the Real Estate Tax Division of the Cook County, Illinois State’s Attorney’s Office
  • Representatives range from family businesses to national companies and not-for-profit organizations
  • Member of the Illinois State Bar Association
  • J.D. degree, John Marshall Law School; undergraduate degree, University of Wisconsin-Madison
  • Can be contacted at [email protected]
Kelly C. Spicher, , Esq.

Kelly C. Spicher, , Esq.

Foley & Lardner LLP

  • Senior counsel in the San Diego office of Foley & Lardner LLP and a member of the Business Law Department
  • Member of the Real Estate Practice, her practice focuses on real estate matters undertaken by national and international businesses, developers, REITs, and financial institutions
  • Member of the Environmental Regulation Practice and the Hospitality, Resort & Golf Industry Team
  • Substantial experience in a wide array of real estate matters and transactions, including acquisitions, dispositions, financing, commercial leasing, development projects, property management and joint ventures
  • Extensive experience in all aspects of the due diligence process, including the review and analysis of title and survey matters, land use entitlements, zoning, operating contracts and leases
  • Invited to join the Florida chapter of the Order of the Coif and has received the University of Florida's Book Award for both legal research and writing, and land use and planning
  • Admitted to practice in California and Florida
  • J.D. degree, University of Florida Levin College of Law; B.A. degree, Indiana University
  • Can be contacted at [email protected]

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