Tuesday, January 9, 2007

Services Hospitality

Transaction-Focused

The hospitality industry understands a service orientation. It means getting it right for your clients, so they get a good night’s sleep. Our Hospitality practice group meets that standard, with industry expertise that covers all the bases of a complex transaction. We handle these unique purchases and sales every day, addressing sophisticated joint ventures, management issues, franchise questions and financing needs. Today’s hotelier must consider partnerships with conference centers and municipalities as well as the opportunities presented by mixed-use developments. From a single hotel conversion to a 2,000-acre resort development to nationwide property portfolio management, we have successfully guided many clients to innovative solutions.

Attention to Detail

Attorneys at Morris, Manning & Martin have real-world experience from within the hospitality industry that helps inform our solutions. We share your concern for the details of hotel management and operation, and protect your interests, whether you are buying or selling, expanding your portfolio or contemplating a merger. Considerations such as transferring operating and franchising licenses, gaining all financial and marketing data in a comprehensive books-and-records transaction, and fully disclosing employee benefit situations will get our scrutiny. Environmental or structural issues may require examination. Representations, disclosures, warranties and covenants are much more extensive than in typical property transactions. To all these issues, we bring a practiced eye and a thorough approach.

Interdisciplinary

From the broad resources of Morris, Manning & Martin’s related practice groups, we draw representation on related issues when appropriate. Our commercial real estate group enjoys premiere standing in the legal community, while our litigators step into the courtroom daily to provide top-shelf representation. Multidisciplinary teams address mergers and acquisitions, joint ventures, management agreements, employment policies, financing and securities needs, and tax guidance. Complex development or divestiture of properties or portfolios requires savvy, skilled and experienced legal representation. Morris, Manning & Martin’s Hospitality Group delivers counseling excellence to make sure you sleep soundly.