Regional Updates: How strong and reliable are lease agreements in the coronacrisis
The coronavirus crisis caused that commercial leases cannot fulfil their business purpose as originally planned by the parties. Shopping malls are empty, customers must stay home. In these circumstances lots of pragmatic legal questions come up on both tenants and landlords, which may only be summarised shortly with the following question: who shall bear the consequences, who shall pay the bills.
This pratical overview of relevant legal questions offers some orientation in this extraordinary situation in the CEE region.