Hotely a zařízení pro volný čas

Our clients in the hospitality and leisure industry have needs as diverse as their properties. From acquisition, development and financing, to management, operations and loan workouts, industry clients demand broadminded legal counsel to meet the variety of issues facing them in an expanding hospitality and leisure market.

Squire Sanders has a long history representing industry clients throughout the world – developers, owners, operators, franchisers, franchisees and financial institutions – involving hundreds of properties including hotels, resorts and spas, performing arts theaters, sports stadiums and museums, snow skiing sites, golf courses, golf and tennis clubs, and fractional ownership projects. Our clients have come to regard our lawyers as leading "dealmakers" who know how to analyze and complete transactions successfully, consistent with client goals and objectives.

One of our most significant functions is to develop the financing and ownership structure of a project to provide the client with maximum benefits while limiting its vulnerability to tax and other liabilities. We often direct the due diligence for an acquisition and negotiate management and franchise agreements. We advise leisure industry clients on how to deal with or acquire troubled projects and have extensive experience as debtor's counsel, creditor's counsel and creditors committee's counsel.

Additionally, we counsel our extensive golf course clientele on land development and use issues, creation of private golf and country club documents, purchasing and selling courses, management and access agreements and trademark protection, among a host of other issues.

Odborná praxe

• Medical Tourism

Representative Experience

• Representing a California-based hotel investment group in the US$419.5 million purchase of six Renaissance hotels (in California, New York, Florida, Georgia, Maryland and the District of Columbia) from Marriott, who bought and sold them from another company as part of a back-to-back deal exceeding US$1.5 billion. We negotiated the purchase and sale contracts and long-term management agreements between our client and Marriott for these hotels.
• Representing an international consortium of several large real estate investors in the £1 billion (US$2 billion) acquisition of 73 hotels in the United Kingdom. Our work included negotiating a complicated structure of agreements ranging from a portfolio management agreement that allows for the hotels to be managed by the current operators to agreements for the 73 individual hotel managements.
• Serving as Dominican counsel to Bear Stearns in connection with the issuance by Cap Cana Resort of US$250 million of senior secured notes. The seven-year amortizing bonds will bear interest at a fixed annual rate of 9.625 percent, and proceeds will be used to accelerate construction of the first phase of development of the resort project. Covering an area twice the size of Manhattan, Cap Cana is a multi-use luxury resort located next to the Punta Cana International Airport on the easternmost tip of the Dominican Republic. When completed, it will offer five championship golf courses, three of which will carry the Jack Nicklaus imprimatur. It will also boast one of the Caribbean’s largest inland marinas, with 250 slips to accommodate yachts up to 250 feet. Projected total investment is US$1.5 billion. The deal was named a LatinLawyer Deal of the Year 2006.
• Advising Amtel Properties Development, a Russia-based property development group, in its joint venture with a major international hotel developer to introduce a new hotel brand to Russia in a project involving an investment of US$125 million.
• Representing one of the world's largest hotel and leisure companies in connection with a seven-year, multimillion-dollar technology outsourcing agreement between our client and a worldwide technology solutions provider to build a new global reservation system. The system was expected to greatly improve functionality and to save our client millions of dollars annually on its technology operating costs.
• Representing a global company with a network of luxury and business hotels around the world in the formation of an operational and investment joint venture with a European hotels group for properties to be operated under our client's brand name.