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Hospitality Transactions covers the buying, selling and ongoing operations of hospitality businesses such as hotels, restaurants and bars. It includes structuring the deal, due diligence, drafting and negotiating contracts, franchise or management agreements, and licensing steps for premises. A solicitor in this area drafts heads of terms, negotiates with buyers, sellers, suppliers and lenders, reviews title and leases, and coordinates regulatory requirements. The work often hinges on timely completion, risk allocation and compliance with licensing and health-and-safety regimes.
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