April 10, 2020 Maria Verdin

Town Hall with Greenberg Glusker on Coronavirus’ Impact on CRE Legal Issues

Thursday, April 9, 2020 
Presentation and Q&A Session

SPEAKER

Lee Dresie, Partner and real estate specialist at Greenberg Glusker and long-time AIR CRE Legal Advisor to the Board of Directors, discusses legal issues facing landlords, tenants, buyers and sellers as a result of the coronavirus pandemic.

TOPICS

  • Do tenants have the ability to use contractual or statutory Force Majeure provisions in connection with the coronavirus crisis?
  • If a buyer cancels an escrow as a result of coronavirus fall-out, do they have the ability to recover deposits and liquidated damages?
  • What rights and obligations do tenants and landlords have relative to rent reductions, deferrals or abatements in light of the crisis and governmental lockdown mandates?
  • The courts are operating at reduced capacity. How does that affect the enforcement of real estate contracts?