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Store Closing Lease Rejection in 'Shiekh Shoes'

Store closing or liquidation sales are a routine part of Chapter 11 cases involving retail debtors. These sales are consistently authorized by bankruptcy courts, despite lease provisions purporting to forbid them.

10 minute read October 01, 2018 at 12:07 AM
By
David Kupetz and Asa Hami
Store Closing Lease Rejection in 'Shiekh Shoes'

Store closing or liquidation sales are a routine part of Chapter 11 cases involving retail debtors. These sales are consistently authorized by bankruptcy courts, despite lease provisions purporting to forbid them. 

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