Greetings!
Fortune Law acts for a number of entrepreneurs and business consortia who operate in the hospitality sector, including owners of hotels, nightclubs, bars and restaurants.
We advise them on all manner of legal issues including moving premises, fitting out, employment contracts, supplier agreements and financing arrangements.
If you are a hotel, bar or restaurant owner and need legal assistance or advice on any of the matters covered in this newsletter, please do not hesitate to get in touch.
Fortune Law regularly contributes to leading hospitality sector trade magazines and a recent article around "Top 10 Legal Tips" for
hotels and restaurants appeared in the November 2010 issue of PIR Hospitality Business (click here to view).
We provide dedicated legal updates for the sector and recent updates include:
- Minimum wages and payment of tips
- The issues faced by hoteliers
- Rent deposits paid by commercial tenants including restaurant owners
- Hiring employees from outside the European Economic Area
- A case update on the infringement of goodwill in the name and reputation of Venice's magnificent Hotel Cipriani
You can read these and more in our most recent newsletters on The Hospitality Sector, Restaurants and Bars and Employment by clicking here.
Client of the Month
Rob Lee Griffiths
Currency Solutions
www.currencysolutions.co.uk
"In October 2010 I had decided to take on a 10 year lease for The Crispin Inn pub, which is based in Sandwich. Due to the current climate, and the pub industry experiencing their own difficulties, taking on a pub lease can be a daunting prospect. I instructed Shainul Kassam of Fortune Law to work on this Lease, and I would like to thank her and her team for doing a fantastic job. The pub has had to go through a number of works, and she has managed to save me in the region of £100,000 in the long term. I have found her and her team to be very thorough and diligent in their work and would highly recommend her company to anyone needing a similar contract to be looked at in the future."
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Fortune Law provides hotel owners and managers with a "one-stop shop" in respect of a variety of legal issues.
On an acquisition, for example, we advise on the whole process starting with drafting preliminary confidentiality/exclusivity agreements and memorandums of understanding. We then follow up with a due diligence process where we investigate relevant key assets such as the property, its licences, employees, suppliers and intellectual property. Post acquisition, we continue to provide day-to-day legal support on various issues like employment, terms of business, suppliers' contracts and brand protection.
Our clients in the hospitality sector include L'Art du Fromage, the first French speciality cheese restaurant in Britain and 51 Kensington Court Limited, an 11 serviced apartment block offering high quality accommodation in an elegant Victorian townhouse in the heart of Kensington. We have produced dedicated case studies outlining the work we have done with these two clients in particular which you can read by clicking on the links below:
L'Art du Fromage case study
51 Kensington Court case study
We can advise on:
· Purchase of property
· Business set-up
· Transfer of employees
· Assignment of contracts
· Tax advice - opinion
· Terms and Conditions
· Employment contracts
· Business Immigration
· Supplier contracts
Please do not hesitate to get in touch if you would like more information.
Shainul Kassam
Fortune Law
Tel: +44 (0) 207 440 2540
skassam@fortunelaw.com
