Following a dramatic pause starting last spring, the hotel purchase and sale market has begun to show signs of a rebound. A significant challenge to these sales, however, is the remaining uncertainty around the COVID-19...more
1/27/2021
/ Breach of Contract ,
Buyers ,
Commercially Reasonable Efforts ,
Coronavirus/COVID-19 ,
Hospitality Industry ,
Hotels ,
Operating Agreements ,
Ordinary Course of Business Defense ,
Purchase Agreement ,
Risk Allocation ,
Sellers ,
Written Consent
Over the past week, the governors of several states have issued “stay-at-home’ orders to combat the spread of the coronavirus known as COVID-19. These stay-at-home orders significantly limit freedom of movement within the...more
Over the past week, the governors of several U.S. states have issued “stay-at-home” orders to combat the spread of the COVID-19 coronavirus. These orders significantly limit freedom of movement within the affected states and...more
3/22/2020
/ Coronavirus/COVID-19 ,
Critical Infrastructure Sectors ,
Executive Orders ,
Governor Cuomo ,
Governor Lamont ,
Governor Murphy ,
Governor Newsom ,
Governor Wolf ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Life Sciences ,
Shelter-In-Place