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This is Jim Butler, author of www.HotelLawBlog.com and hotel lawyer. Please contact me at Jim Butler at jbutler@jmbm.com or 310.201.3526.

Posted On: November 25, 2008 by the JMBM Global Hospitality Group®

Hotel Lawyer -- Making a bigger pie for everyone in defaulted Hotel Loan mortgage loan turnarounds, restructurings and bankruptcies

For the most recent update on this topic, click here

By Jim Butler and the Global Hospitality Group®

Hotel Lawyers | Authors of www.HotelLawBlog.com

25 November 2008

Please see "troubled hotel loans - workouts, bankruptcies & receiverships" for the latest articles on troubled hotels.

Hotel Lawyer with some solutions for underwater hotel loans.The SAVE® Program stands for Strategies & Approaches for Value Enhancement

Today, we want to talk about the scenario where Lenders and Borrowers find that there is "not enough to go around" to take care of everyone, but we find a way to create significant additional value.

Continue reading " Hotel Lawyer -- Making a bigger pie for everyone in defaulted Hotel Loan mortgage loan turnarounds, restructurings and bankruptcies " »

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Posted On: November 24, 2008 by the JMBM Global Hospitality Group®

Hotel and Timeshare Lawyer -- 3 Keys to Survival for Vacation Ownership Developers as the Financial Crisis bites deeper

For the most recent update on this topic, click here

By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
24 November 2008

Even the ARDA Conference in Washington, DC last week reflected the gloomy financial crisis when our timeshare guru, David Sudeck, was there. The usually ebullient crowds were more subdued than normal. In fact, one gentleman in the elevator commented that he considered wearing a noose rather than a tie around his neck at the conference. Ironically, the demand for all flavors of timeshare, fractional, vacation ownership and clubs seems remarkably resilient given the current situation, but the wholesale absence of financing does present some serious problems.

If you missed David's last report (See Hotel and Timeshare Lawyer insights on special implications of "the downturn" for Vacation Ownership), this is the critical follow-up on how vacation ownership developers can protect themselves.

Continue reading " Hotel and Timeshare Lawyer -- 3 Keys to Survival for Vacation Ownership Developers as the Financial Crisis bites deeper " »

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Posted On: November 19, 2008 by the JMBM Global Hospitality Group®

Hotel Lawyer: The "Great De-leveraging," a "financial panic" and unprecedented opportunities coming our way. Do you see them? Are you ready?

For the most recent update on this topic, click here

By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
19 November 2008

Hospitality Lawyer with updated thoughts from the latest commercial real estate finance program in San Francisco.

Many of my friends in the hotel industry are in denial. Others are consumed with the daily drama of the unfolding financial panic. I am excited that we are about to see some of the greatest financial opportunities of our lifetime.

Here are some thoughts that I presented yesterday as keynote speaker at the 6th Annual Bay Area Income Property Lending Conference.

Continue reading " Hotel Lawyer: The "Great De-leveraging," a "financial panic" and unprecedented opportunities coming our way. Do you see them? Are you ready? " »

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Posted On: November 18, 2008 by the JMBM Global Hospitality Group®

Hotel Lawyer: ADA litigation must be brought for a proper purpose

For the most recent update on this topic, click here

By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
18 November 2008

by Martin H. Orlick

A "professional plaintiff" that has filed more than 400 nearly identical lawsuits against hotels, restaurants and other businesses in California may have to find a new line of work. The U.S. Supreme has let stand a prior ruling that this serial plaintiff, and his lawyer, cannot file ADA lawsuits without first obtaining the court's permission.

Continue reading " Hotel Lawyer: ADA litigation must be brought for a proper purpose " »

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Posted On: November 16, 2008 by the JMBM Global Hospitality Group®

Hospitality Lawyer - "Speed bumps" in the road to bankruptcy for hotels and resorts. Part 2 - Can a hotel ever be a "single asset" for bankruptcy purposes?

For the most recent update on this topic, click here

By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
16 November 2008

Please see "troubled hotel loans - workouts, bankruptcies & receiverships" for the latest articles on troubled hotels.

Hospitality Lawyer: Turnarounds, workouts, receiverships, bankruptcies and deeds in lieu for troubled and defaulted hotel mortgage loans. As the bad news continues from the Global Financial Crisis, and as the recession bites deeper, the hotel industry is starting to feel the pain.

Continue reading " Hospitality Lawyer - "Speed bumps" in the road to bankruptcy for hotels and resorts. Part 2 - Can a hotel ever be a "single asset" for bankruptcy purposes? " »

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Posted On: November 16, 2008 by the JMBM Global Hospitality Group®

Hospitality Lawyer -- "Speed bumps" in the road to bankruptcy for hotels and resorts. Part 1 -- Special Purpose Entities getting approval to file bankruptcy.

For the most recent update on this topic, click here

By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
15 November 2008

Please see "troubled hotel loans - workouts, bankruptcies & receiverships" for the latest articles on troubled hotels.

This is one of many articles on the subject of "troubled hotel loans - workouts, bankruptcies & receiverships" in the rich library at www.HotelLawBlog.com.

Hospitality Lawyer: Turnarounds, workouts, receiverships, bankruptcies and deeds in lieu for troubled and defaulted hotel mortgage loans. As we all fasten our seat belts for a rough ride in the Global Financial Crisis, commercial real estate has begun to feel the pain. Hotels will share the fate of the economy, commercial real estate, the airlines and consumer confidence. It does not look pretty.

Continue reading " Hospitality Lawyer -- "Speed bumps" in the road to bankruptcy for hotels and resorts. Part 1 -- Special Purpose Entities getting approval to file bankruptcy. " »

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Posted On: November 9, 2008 by the JMBM Global Hospitality Group®

Hotel and Timeshare Lawyer insights on special implications of "the downturn" for Vacation Ownership

For the most recent update on this topic, click here

By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
10 November 2008

Hospitality Lawyer -- What does the Financial Crisis mean for vacation ownership projects?

As you may have read in a previous article or press release, David Sudeck recently joined JMBM's Global Hospitality Group as a hotel lawyer to head up our timeshare and vacation ownership practice. He is a real veteran on the team for these issues. (See "Hotel & Timeshare Lawyer Joins JMBM's Global Hospitality Group® team").

David has started writing and posting his own series of articles on vacation ownership. You can access these timeshare and vacation resources under the "Timeshare" TOPIC -- one of the tabs at the top -- at www.HotelLawBlog.com. You can also just go to http://hotellaw.jmbm.com/timeshare/.

Vacation ownership products (including timeshares, fractional interests, and private residence clubs) have an increasingly important role in the development and respositioning of hotels and resorts, but as the Financial Crisis has gone global, there are some special implications for the industry which David writes about in this timely article.

Continue reading " Hotel and Timeshare Lawyer insights on special implications of "the downturn" for Vacation Ownership " »

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Posted On: November 5, 2008 by the JMBM Global Hospitality Group®

Hospitality Lawyer: Why you must act NOW to win the hearts, minds & loyalty of your workforce

For the most recent update on this topic, click here

By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
6 November 2008

Hospitality Lawyer: The EFCA: Why you must act NOW to win the hearts, minds & loyalty of your workforce.

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Posted On: November 3, 2008 by the JMBM Global Hospitality Group®

Hospitality Lawyer: Special Servicers and Special Asset teams confer in Dallas for top special servicing conference

For the most recent update on this topic, click here

By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
3 November 2008

Hotel Lawyer in Dallas, Texas at the Fishing for Solutions conclave of special servicers and hotel mortgage loan default SWAT teams. JMBM has been privileged to sponsor and take a significant role for many years in Steve Van's unique conference celebrating its 8th anniversary in Dallas this week. Steve and his hotel management companies -- Prism Hotels & Resorts (the company for managing good, healthy hotels) and REMIC Hotels (the company for managing bad, distressed hotels) -- dominate the hotel industry in terms of managing troubled hotels for lenders who appoint receivers, get bankruptcy trustees and take back troubled hotels. In the last few years, Steve has broadened his scope to include more traditional bank and other commercial hotel lenders and investors with troubled hotel assets. And of course Prism does an excellent job of managing the "good hotels" for Steve's own account, his investors, and many discerning owners (including some of JMBM's referred clients.)

Here are my thoughts from tonight's reception . . .

Continue reading " Hospitality Lawyer: Special Servicers and Special Asset teams confer in Dallas for top special servicing conference " »

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