By Robert W. Lannan My most significant project in 2024 was the reorganization of a financially distressed corporate client under Chapter 11 of the U.S. Bankruptcy Code. It had been years since I had represented a debtor in Chapter 11, and this was my first venture in Chapter 11’s still-new Subchapter V, for reorganization ofContinue Reading
The most rewarding project I worked on this year was representing a business owner in dispute resolution proceedings against its lender, followed by prolonged but successful negotiation of a restructuring of the loan. My client owns a business property that it had planned to substantially renovate and begin operating under a new consumer brand. Continue Reading
This fall, the Georgetown University Law Center’s Hotel & Lodging Legal Summit hosted a webinar titled, “Confronting the New SEC Climate Disclosure Rule.” The webinar explored issues related to the SEC’s proposed rule on “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” It began with remarks by SEC Commissioner Mark T. Uyeda, and continuedContinue Reading
Please join us virtually on October 25, 2022 from 2:00-3:30 p.m. ET for “Confronting The New SEC Climate Disclosure Rule,” a Georgetown Law Hotel & Lodging Legal Summit Webinar. SEC Commissioner Mark T. Uyeda and a panel of the nation’s leading environmental, securities, and governance attorneys will address the SEC’s new rule on “The Enhancement and Standardization ofContinue Reading
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