Today I was privileged to present a webinar for the Asian American Hotel Owners Association on replacing lost cash inflow during the COVID-19 crisis. This is the first of two webinars on reorganization strategies to improve cash flow. I will present the second webinar, on minimizing cash outflow, on Thursday May 21 at 1:00Continue Reading
Lannan Legal PLLC is pleased to announce, that effective January 1, 2020, Bruce E. Parmley has joined the firm as Senior Counsel. Bruce is widely recognized as one of the leading go-to practitioners representing owners of, and investors in, substantial real estate projects. Bruce’s practice, including his 30+ years as a partner with Hogan Lovells,Continue Reading
Negotiating Control of Operating Accounts and Working Capital in Hotel Management Agreements by Bob Lannan A frequent point of contention between owners of real estate assets and management companies that operate them is control over operating accounts and working capital. These disputes arise in negotiation of contracts for management of hospitality assets (e.g. hotels, spasContinue Reading
At this year’s Hotel & Lodging Legal Summit at Georgetown University Law Center, Bob Lannan moderated a panel discussion on “Anti-Corruption Statutes and Legal Ethics.” The panel explored issues that arise in the international hotel and lodging industry under the U.S. Foreign Corrupt Practices Act, 15 U.S.C. § 78dd-1 et seq. and the U.K. Bribery Act 2010Continue Reading