Ohio Business Lease Protection Attorneys
For many businesses, their lease is one of their largest liabilities. For many businesses, filing Chapter 11 bankruptcy can help the company restructure the terms of their lease while avoiding eviction.
If you are thinking of filing Chapter 11 on behalf of your company, it is important to have skilled legal counsel on your side. At Minnillo & Jenkins, CO. LPA, we help businesses take action to reorganize and restructure their leases and other obligations. Our law firm has had significant successes in commercial litigation on behalf of our clients. We will think strategically and work toward a resolution that meets your company's objectives.
Chapter 11 can give business owners many options. These options give businesses in financial distress some leverage in dealing with their landlord. Once you file Chapter 11, many of the terms of your lease can no longer be enforced. For example, acceleration clauses or eviction clauses may no longer be enforceable. Further, you will have the option of assuming or rejecting your lease. If you assume your lease, you will have to repay all past-due balances.
In Chapter 11, businesses with multiple locations can close unprofitable locations without paying all penalties associated with breaching the lease agreement. Generally speaking, the sooner you act, the more options you have.
Contact the Cincinnati Commercial Lease Dispute Lawyers of Minnillo & Jenkins
For a free initial consultation with Minnillo & Jenkins, call or contact us online. We maintain offices across Cincinnati, in Dayton and in Columbus. Call our Cincinnati office at 513-723-1600, our Dayton office at 937-550-1030 or our Columbus office at 614-500-4755. We offer evening and weekend appointments as necessary.
We are a law firm and a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
