3rd Circ. Upholds Rent Recoupment Plan In Casino Ch. 11
By Mike Curley ( November 30, 2018, 6:50 PM EST) -- A Third Circuit panel on Friday upheld a nightclub and beach club owner's lease agreement with the new owners of a casino that filed for Chapter 11, ruling that the Bankruptcy Code and the doctrine of equitable recoupment entitle the owner to reduce his rent obligation in keeping with the lease agreement he held with the casino....
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