Structuring Liquor License and Other Permit Clauses in Hotel Purchase and Sale Agreements
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will cover the negotiation and structure of permit and license clauses in hotel purchase sale agreements, with an emphasis on liquor licenses. Our panel will discuss pitfalls in drafting and high priority considerations for practitioners addressing the transfer of liquor licenses and permits as part of a hotel's change in ownership.
Outline
- Overview of hotel PSAs
- Permit and license clauses
- Crucial terms
- Interplay with other contract provisions
- Timing issues
- Regulatory considerations
- Jurisdictional considerations
Benefits
The panel will review these and other high priority issues:
- How can counsel use permit and license clauses to avoid potentially deal-killing errors and delays?
- What impact does the hotel management agreement have on the terms of permit and license clauses?
- What are the red flags for counsel in discussions with clients regarding licenses and permits? What steps can counsel take to resolve those issues efficiently?
Faculty
Ian G. Bacheikov
Partner, Chair Alcohol Beverage Sector Team
Akerman
Mr. Bacheikov assists clients across multiple sectors, including entertainment, hospitality, and retail. He represents... | Read More
Mr. Bacheikov assists clients across multiple sectors, including entertainment, hospitality, and retail. He represents clients in matters including alcohol beverage licensing and permitting, regulatory compliance analysis and consulting, administrative enforcement actions, alcohol and cannabis related land use and zoning, review and drafting of distribution agreements, local government lobbying relating to alcohol beverage and cannabis regulations, commercial leasing for alcohol industry landlords and tenants, and litigation concerning alcoholic beverage law issues.
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Allison McCarthy
Partner
Holland & Knight
In addition to a national commercial real estate practice, Ms. McCarthy has advised owners, investors and hotel... | Read More
In addition to a national commercial real estate practice, Ms. McCarthy has advised owners, investors and hotel companies with respect to sophisticated hospitality transactions for nearly two decades. This focus includes hotel acquisitions and dispositions, hotel development and finance, mixed-use development projects, hotel management agreements, branded residential projects, restaurant and spa agreements, hotel joint venture agreements and general hotel operation matters throughout the U.S. and the Caribbean. Through this experience, Ms. McCarthy has developed insight and an understanding of the legal intricacies that affect the hospitality industry.
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Michael Brill Newman
Partner, Head Alcohol Beverage Team
Holland & Knight
Mr. Newman focuses on counseling alcohol beverage and hospitality industry clients on national and international... | Read More
Mr. Newman focuses on counseling alcohol beverage and hospitality industry clients on national and international regulatory, contract, legislative and licensing matters, advertising and promotional law, importation matters, trade practices, and inter-tier relations. He works with international importers, suppliers, exporters, domestic manufacturers, regional and local distributors, and retailers (including multistate restaurant and hotel and convenience store and other off-premise chains) across the U.S. Mr. Newman lectures frequently on compliance and other alcohol beverage regulatory matters to clients, regulators and other alcohol beverage industry members.
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