01 Oct 2024

Calculating that Cap on Landlord Future Rent Claims

As many bankruptcy lawyers know, the language of Section 502(b)(6) of the Bankruptcy Code—the provision that specifies the maximum allowed amount of a landlord's claim for lease termination damages— is confusing, and it has led to a number of disagreements among bankruptcy courts. Check out this expertly drafted article discussing a recent bankruptcy court decision addressing the proper method for calculating the statutory cap under Section 502(b)(6) of the Bankruptcy Code for a landlord's claim against a lease guarantor.

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