As restaurant companies become larger and their business more complex, they face legal challenges similar to any large business venture. Sassoon & Cymrot lawyers who practice in the restaurant industry provide comprehensive counsel to restaurant companies and their owners, operators, managers, landlords, tenants, franchisors and lenders. We negotiate relationships between clients and their business partners, customers, and suppliers, including strategic alliances, equity, franchise, and license agreements, and hotel management and lease agreements. Sassoon & Cymrot attorneys also provide guidance on risk-management, insurance and tort liability issues.
Sassoon & Cymrot counsels restaurant and hospitality clients on raising public and private capital, mergers and acquisitions, securitized financings including private placements of capital, and sale/leaseback transactions. We negotiate and document hotel and conduit loans; construction, mezzanine and permanent financing; and other agreements with lenders and creditors. We counsel hospitality businesses about forming, acquiring and financing businesses and properties, including the specialized issues of acquiring troubled assets and hotel properties. Sassoon & Cymrot attorneys have experience in restructuring, receiverships and Chapter 11 reorganizations. We assist our clients in turn-around or purchase of troubled hotel assets, including “stalking horse” acquisitions out of bankruptcy.
Our restaurant/hospitality clients obtain legal guidance in real estate, contract, regulatory, intellectual property, trademark protection, labor and employment matters. We help defend our restaurant/hospitality clients from employment claims and litigation. Our clients are involved in developing hotels, creating or working with branded management contracts and franchising, and federal and state liquor law compliance.
Our experienced team of lawyers can assist in managing our clients’ restaurant and hospitality businesses. From owner-operated restaurants to multiple location franchises and hotels, we provide solutions that help our clients increase profitability and flourish.