Illinois Court Decision Offers Hope to Commercial Tenants Seeking Rent Relief

A bankruptcy court in Illinois has held that a governor’s shut-down order, combined with a force majeure provision in a restaurant’s lease, partially excused the restaurant’s obligation to pay rent.*  The case is significant because it provides commercial tenants a basis to seek relief from rental payments due to COVID-19. Governor’s Executive Orders as Force . . .

Dennis Monroe discusses uneven restaurant industry recovery in Restaurant Business podcast

In the current challenging business environment, some restaurants are struggling to survive while others are flourishing. How do we account for this dichotomy? MMB’s Dennis Monroe joins Jonathan Maze of Restaurant Business in “A Deeper Dive” podcast to discuss the uneven recovery in the restaurant industry and other related issues. Dennis explains how some restaurant . . .