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Property Owner filing for Chapter 11

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jpark34

Junior Member
Hello,
I had a question regarding my store in Georgia. We own a photoshop inside a mall owned by General Growth Properties, INC. and they are now filing for bankruptcy. I was wondering what would happen to our store and the situation with our lease.
 


FlyingRon

Senior Member
Bankruptcy of the landlord has no effect on leases. Now if the property were to be foreclosed your lease would be terminated.
 

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