Success in today's
dynamic hotel and resort business requires expert guidance from
experienced players. The Leisure and Resorts Group has handled
the full spectrum of issues that owners, operators, investors and
lenders encounter in this highly specialized industry. Our principals
take a comprehensive approach to representing hospitality clients,
combining talent and knowledge in development, finance, privatization,
disposition, asset resolution, employment and labor, technology,
franchise/management and equipment leasing.
The Leisure and Resorts Group has been on the
forefront of trends that have shaped the industry globally. We
bring together a rare combination of experience and perspective
acquired through involvement in a wide range of hotel and resort
matters worldwide. We have been actively counseling clients throughout
the United States, the Caribbean, Latin America, Canada, Europe
and Asia for decades. This diverse experience gives the Group an
integral understanding of the complex interrelationships which
make a project successful.
The Group's capabilities encompass the following
areas:
Hotel and Resort Owners and Developers:
- All aspects of management agreements, franchise agreements,
purchase and sale agreements and other contractual needs for
owners, operators and developers of resorts, hotels, restaurants
and clubs;
- Representation in the areas of land acquisition, development,
construction and financing;
- Representation and training for owners and operators on employment
issues such as sexual harassment, union avoidance, drug testing
and equal employment opportunity training for supervisors;
- Counsel to hotel and resort property owners regarding health and safety, and hiring and firing issues;
- Advice regarding unionized properties and labor agreements
in the sales and acquisitions of hotels and resorts.
Governments and Government Agencies:
- All aspects of hotel property disposition including preparing
bid procedures and form contracts, managing the bid process,
assisting in selecting preferred bidders, negotiating purchase
and sale agreements and closing transactions;.
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- Counsel involving tax incentives and other government incentive
programs, including government guarantees of debt, credit enhancement
by government and public/private partnerships for infrastructure
and amenities development, such as convention centers, golf courses,
water and sewer plants, roads, and theme attractions;
- Drafting timeshare and vacation club laws, tourism development,
special taxing districts and gaming laws.
Financing:
- Representation of both borrowers and lenders in construction
financings, acquisition financings and multi-party joint ventures;
- Representation of governmental agencies in preparing guidelines
and procedures and handling major transactions with leading hotel
companies;
- Debt restructuring for hotel and resort properties;
- Representation of Federal agencies in the disposition of hotel
properties and handling portfolio sales, individual asset sales,
silent auctions, open outcry auctions and negotiated sales;
- Counsel in the areas of mortgage foreclosures, bankruptcies,
environmental and labor law issues.
The principals in the Leisure and Resorts Group
are active as leaders in nationally recognized professional associations
such as ARDA, ULI, Resort Forum, National Realty Committee and
International Bar Association.
As the business and legal issues for hospitality
clients becomes increasingly complex, we stand ready to provide
innovative responses to help our clients meet their objectives.
Representative Clients Have Included:
- Boca Raton Resort and Club
- The Breakers Hotel, Palm Beach
- Government Development Bank for Puerto Rico
- Hyatt Dorado Beach/Hyatt Cerromar
- The Republic of Panama
- Resolution Trust Corporation
- Starwood Capital Group and Starwood Lodging Trust
- Puerto Rico Tourism Company
- Patriot American Hospitality, Inc
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