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January 6, 2016

Real Estate Weekly

By: Loryn D. Arkow

In less than one month, Haggen Grocery Stores, American Apparel, and Quiksilver joined a not-so-exclusive list of companies that filed for bankruptcy in 2015.

Despite a decrease in Chapter 11 bankruptcies filed in recent years, the onslaught of retailer filings is troubling, especially for landlords.

The impact of tenant bankruptcies goes far beyond lost rent. A tenant’s lease rejection may implicate zoning compliance.

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