Zoom-In Webinar: Landlord Strategies & Responses to COVID Driven Lease Issues

Panelists will discuss current issues and strategies related to SB-939, rent relief workouts, application of tenant credit enhancement, and tenant bankruptcies, including:

1. Proposed new legislation (SB-939) establishing (a) a state-wide temporary moratorium on evictions of commercial tenants for the duration of the COVID-19 related state of emergency, (b) a year-long period in which to make up rental payments missed during that state of emergency, and (c) a right for certain tenants to unilaterally terminate their lease with no penalty if the tenant and the landlord cannot reach a mutually agreeable lease modification.
2.  Analysis of the various tenant relief claims and how landlords can respond;
3.  How landlords should address security deposits and letters of credit for defaulting tenants;
4.  Landlord considerations in structuring workouts/lease modifications with tenants; and
5. Analysis of strategies and other considerations with respect to tenant bankruptcies.