News and Events
The Benefits of Negotiated Settlements as an Alternative to Chapter 11
In today's retail climate, negotiated settlements can be an alternative to Chapter 11 for some retailers.
May 15, 2008 Shopping Center Business
As more and more retailers turn to negotiating with landlords as an efficient and effective way to respond to today's challenges, and as more landlords continue to recognize that negotiation frequently presents them with an opportunity to realize sometimes significant benefits from an otherwise difficult circumstance, this growing trend is now becoming a necessity.
How do negotiated settlements work? Who stands to benefit from them? And what is the nature of those benefits? A closer look at the process can answer these questions.