While retail bankruptcies are often devastating for the lessors, many RadioShack landlords, given the rising real estate market, could get by relatively unscathed — or possibly end up in a superior position — lawyers say. In this Law360 article, David Folds discusses the situation.
"They are setting up an auction process. In addition to a bulk sale, they may seek to assign groups of leases that are below market," said Mr. Folds. "Even though the economy is improving, there are still a large number of retailers that are under pressure."
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