Fallout from the Crisis: Telecom Tenants At Risk

As the economic crises unfold, many expect that commercial real estate markets may soon be distressed, with bankruptcies and foreclosures to follow. If so, many telecommunications entities (both customers and providers) with collocation, hosting or lease agreements may find their possessory rights threatened by the prospect of a landlord’s bankruptcy or foreclosure. This discussion examines the threat facing such “telecom tenants” along with possible protective measures available under the U.S. Bankruptcy Code. The discussion concludes with some practical steps that telecom tenants might consider taking both before and after a landlord’s bankruptcy to mitigate these risks.

Click here for the full Client Alert (.pdf).