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Highwoods Properties Inc. Message Board

  • reitsbyziggy reitsbyziggy Jul 22, 2002 1:27 PM Flag

    Worldcom Lease Procedure in Bankruptcy

    In a bankruptcy filing what is the Lessor's position. Is there 12 months of rent that is considered the Lessor's interest? Does the Lease become affirmed(or rejected at the Lessee's option) and if so is it at the market rate of rent? How would rents be booked in the interim-would they be reserved for?

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