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News Archive 2020 BK

Robert Rattet Comments on Restaurant Chains Trying to Navigate the COVID-19 Pandemic

August 22, 2020 – DHC’s Bankruptcy, Restructuring and Creditor’s Rights Co-Chair Robert L. Rattet spoke to Business Insider about restaurant chains trying to navigate the COVID-19 pandemic, which forced hospitality establishments across the country to close or substantially limit their operations. Rattet noted that drawing customers back into restaurants could be delayed

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SBA Announces New Reduced 504 Loan Debenture Rates

August 18, 2020 — The U.S. Small Business Administration announced updated interest rates for the 504 Loan Program offered by Certified Development Companies (CDC) allowing small businesses to apply for low interest rates offering 20 and 25-year interest rates at 2.214% and 2.269%. The SBA 504 Loan Program provides long-term

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DHC Newsletter – August 2020

August 11, 2020 – Larry Hutcher, Co-Managing Partner at DHC, spoke to The Real Deal about the possibility that the federal government could ban TikTok, the popular video sharing app, from operating within the United States. He noted that the social media company could argue for the termination of its Times Square

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Client Alert: Misleading Reports on Commercial Leases

August 10, 2020 –  By Larry Hutcher and William Mack. Last week, The Real Deal published a piece entitled “Win for Moinian is a bright spot for commercial landlords.” The article purported to report on a case captioned Backal Hospitality Group LLC v. 627 West 42nd Retail LLC, No. 154141/2020.

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DHC’s Barbara Pens Op-ed for Westchester Business Journal

DHC’s Barbara Pens Op-ed for Westchester Business Journal August 4, 2020 – Leslie Barbara, Chair of Davidoff Hutcher & Citron’s Divorce and Family Law practice group, authored an op-ed in the Westchester County Business Journal explaining the complexities of navigating family law issues during the COVID-19 pandemic. The pandemic, which resulted

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Force Majeure Clauses And Commercial Leases

July 30, 2020 – DHC Partners Robert Rattet, Derek Wolman, and William Mack, with Of Counsel James Glucksman published an op-ed in the New York Law Journal discussing the application of the force majeure English common law doctrine – unforeseeable circumstances that prevent someone from fulfilling a contract – to modern contract law. The force majeure doctrine was

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