TENANT'S INSOLVENCY IN LEASE AGREEMENTS

Simona Chirica ()
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Simona Chirica: Law Department, Bucharest University of Economic Studies

Perspectives of Law and Public Administration, 2016, vol. 5, issue 1, 125-132

Abstract: Constantly increasing interest rates along with the recent economic downturn represent real challenges not only for the tenants but also for the landlords. Usually, the economical blockage is reflected on the business performance of the landlord of commercial premises whose tenants, succumbing to the pressure of creditors and the repercussions of excessive pecuniary obligations intend to file for a reorganization plan.

Keywords: insolvency; lease agreements; the principle of maximization debtor; the insolvent tenant. (search for similar items in EconPapers)
JEL-codes: K12 K22 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:sja:journl:v:5:y:2016:i:1:p:125-132

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