O’Melveny Worldwide

Law360: How Evergreen Language Can Sink Landlord Credit Support

October 13, 2026

O’Melveny partner Peter Breckheimer and counsel Kathryn Turner published a byline article in Law360 discussing how letters of credit are a staple of commercial leasing, though recent court decisions are a reminder that evergreen protection depends on the language actually used in a letter of credit, not on the terms of the lease agreement or what the beneficiary believed it bargained for.

Read the full article here.