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Home / Opinion Digests / Pier I may delay rent payments because of COVID-19 (access required)

Pier I may delay rent payments because of COVID-19 (access required)

The Pier I debtors anticipated confirming their plan within 66 days from the Feb. 17, 2020, petition date, but those plans have been impacted by the COVID-19 pandemic, as they have been ordered to close their stores to customers and cannot liquidate their inventory. As a result, they may delay the payment of certain accrued ...