Hotel investors typically have two paths to take ownership of a hotel asset: Build or Buy. In my experience as a hospitality and transactional attorney, I have learned that those that build (via ground-up new construction or re-development of an existing asset) generally prefer to build a hotel asset over buying an existing asset for...
Jean Louise
In my previous article, I discussed the importance of a lease review. The lease agreement is the binding agreement between the Lessor and Lessee and many important considerations exist. In most leases, the Lessor-Lessee relationship is known as the Landlord-Tenant relationship. There are many important considerations when reviewing a lease. A few additional items we...
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The lease agreement is the binding agreement between the Lessor and Lessee. In most leases, the Lessor-Lessee relationship is known as the Landlord-Tenant relationship. Leases are common in almost every industry as business owners often lease space to operate his or her business. The lease agreement details the terms both parties are agreeing to and...
Feb242021
PERM is an acronym for the “Program Electronic Review Management” system established under the Department of Labor (DOL) regulations. It is a critical component of the employment-based immigration process, as it initiates the journey toward lawful permanent residency for foreign nationals through employment. This process, which includes both PERMs and audits, is essential for ensuring...
DACA is a program instituted in 2012 that allows young undocumented immigrants, who came to America as children in circumstances beyond their control and have lived here since at least 2007 to request consideration for deferred action and receive work authorization and sometimes advance parole for short trips outside the United States. The fee to...
If you are thinking of opening a business or working in the United States but are still prospecting, you may be eligible for a B-1 visa to participate in business activities of a commercial or professional nature in the United States. This includes but is not limited to: Consulting with business associates Traveling for a...
The Letter of Intent, also known as an “LOI” or “Term Sheet”, is generally prepared by the buyer and submitted to the seller. In order to formalize the intent here, it is appropriate for both parties to review and sign the document, so everyone is on the same page as to how the purchase contract...