Corporate Attorney NYC Leads High Profile Hospitality Exit

The hotel property was operated under a joint venture arrangement between the client and its investment partner.

As part of a broader portfolio strategy, the client elected to sell its membership interests to the partner and disengage from ongoing ownership and management responsibilities.

This decision required careful coordination to minimize operational disruption and legal exposure.

Corporate Attorney NYC advisors recognized that the transaction would involve more than a simple sale of equity interests.

The joint venture agreement included complex cross-indemnification provisions that required detailed analysis and negotiation.

The transition of hotel management from the client to a new owner-operator required precise timing and contractual clarity.

Union-related labor considerations added another layer of complexity, particularly in ensuring continuity of operations and compliance with existing agreements.

Corporate Attorney NYC coordinated solutions that balanced risk allocation with practical business needs.

The transaction required drafting and negotiating a detailed membership interest purchase agreement.

Additional documents included termination of the hotel management agreement and numerous ancillary agreements governing transition matters.

Corporate Attorney NYC attorneys worked closely with the client to align contractual terms with strategic objectives.

This approach helped resolve contentious issues between the joint venture partners without derailing the transaction.

The client successfully completed the sale of its membership interests and exited the joint venture.

Hotel operations were transitioned to a new manager without interruption to guests or staff.

Corporate Attorney NYC representation delivered a result that protected the client’s financial interests while minimizing post-closing risk.

The transaction demonstrated the value of integrated legal counsel in complex hospitality deals.

At SJKP, our attorneys regularly serve as a Corporate Attorney NYC for hotel operators, real estate investors, and global brands involved in complex transactions.

We assist with joint venture structuring, asset sales, management transitions, and negotiations spanning corporate, real estate, labor, and litigation issues.

If your business is considering a significant hospitality or real estate transaction, contact SJKP to consult with a Corporate Attorney NYC and achieve a strategic outcome.