Core Services
Strategic Planning
Skilful assistance with the legal aspects of strategic planning for the acquisition, development and operation of hotels.
Ownership and Tax Structures
Cutting edge know-how in structuring hotel acquisitions, ownership structures and dispositions through the most appropriate domestic or foreign entities to meet business, tax and other objectives of the various stakeholders, including venture capitalists, REITs, pension funds and other institutional investors, domestic and foreign.
Acquisitions
Thorough understanding of the complex business issues of a hotel acquisition and the ability to co-ordinate, in a cost-efficient manner, the many related operating and ownership due diligence matters. Ability to propose value-added solutions to the problems encountered.
Development
Transactional experience in the drafting, negotiation and monitoring of project management, construction and other related contracts, as well as construction liens and financing issues and issues relating to zoning, municipal legislation and health and safety.
Financings
Detailed understanding of the hospitality business is matched with financing experience in all provinces of Canada.
Management Contracts
Adept negotiation of management contracts balancing the manager's need for flexibility in responding to market conditions against the owner's need for assurance of full accountability by management, while satisfying the lender's requirements.
Franchise Agreements
Recognition of strategic relationships and economic interdependence between the two parties and valuable contacts and relationships with the major franchisors.
Licences and Permits
Negotiation and drafting of the licences and permits relating to brand names, business permits and liquor licences.
Intellectual Property
Understanding copyright and intellectual property matters in the context of hotel reservation operations.
Employment Matters
Broad experience with the labour-intensive hospitality industry, including collective bargaining agreements and recent legislation concerning employment conditions and outsourcing.
Dispositions
Thorough understanding of the hotel business enables us to assist with structuring optimal dispositions, the preparation of detailed information memoranda and prospectuses, to respond to inquiries and requisitions during the due-diligence period and to monitor the process.
Workouts
Often called upon to assist financial institutions to dispose of, or to develop a strategy for the disposition of, hotel properties and to develop an operating plan until the transaction closes.
Litigation
In-depth litigation experience with respect to management contracts and other matters related to the often-unique ownership and management issues that arise in relation to hotels.