Today I was privileged to present a webinar for the Asian American Hotel Owners Association on minimizing lost cash inflow during the COVID-19 crisis.  This is the second of two webinars on reorganization strategies to improve cash flow.  Here is a copy of the PowerPoint deck from today’s webinar. Bob Lannan

An essential part of any strategy to save a distressed business is minimizing outflow of cash. This is done by eliminating unnecessary expenditures, restructuring debts, and modifying the terms of the struggling business’ agreements with providers of essential goods and services. The COVID-19 crisis has been devastating to most hospitality businesses.  Bob Lannan has written
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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,
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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, spas
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