Articles Posted in Disasters

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Restructuring distressed condominium hotel projects and
workouts of defaulted condo hotel loans for profit opportunities now.
Hotel lawyer on failed condo hotel turnarounds, workouts, bankruptcies and opportunistic investment.

Part 1

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

there is no single “silver bullet”

Hotel Lawyers on restructuring distressed condo hotels. Restructuring distressed condo hotel projects and loans secured by them is moving to the top of the list for many lenders, owners and investors. Condo hotel deals are so complex and varied that there is no single “silver bullet” to take care of all problems. Combining JMBM’s legal and business experience in advising on more than 100 condo hotel and hotel condo deals with a veteran condo hotel expert, here is a 3-part article to explain: Part 1: the background and structure of the typical condo hotel, Part 2: critical differences between condo hotel restructurings and those with traditional hotels, and Part 3: a unique approach to working out some troubled condo hotel projects.

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By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
3 January 2007
Hotel Lawyer — Top Picks of 2006. Yes, 2006 has been a record year for many in the hospitality industry, and for the hotel lawyers at Jeffer, Mangels, Butler & Marmaro LLP. As we have already given our Outlook for 2007, we thought it might be interesting to look back on our Top Pick articles from 2006 from www.HotelLawBlog.com.

The Top Picks articles are organized by the major TOPICS on the Blog. We generally tried to select just the top two or three articles for each TOPIC. It was a major struggle to decide where to make the cutoff. If you want more information on a particular TOPIC, you can go to www.HotelLawBlog.com, and search for all articles on that TOPIC. To do that, just scroll down the right hand side, and below the (free) subscription and RSS Feed buttons is the Browse search engine that enables you to sort by TOPIC (or date, or key words, etc.).

Here they are . . .

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By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
2 September 2006
What should you do after a disaster hits? First, call your attorney.

Robert Mangels, one of JMBM’s mass disaster and insurance claim experts, says “We can make the biggest contribution to maximize recovery when we are brought into a situation as early as possible. We like to be at ‘ground zero’ within 24 hours, leading your disaster team to find and preserve critical evidence and offer the protection of the attorney-client privilege for vital and sensitive information gathered by your expert disaster team.”

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By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
1 September 2006
The current hurricane season serves a strong reminder to be prepared for the next disaster. We never know when there might be an earthquake, tornado, fire, flood or riot, but here are a few tips that can make a big difference, especially when taken before the disaster strikes:

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