Negotiating and Drafting Restaurant Leases: Emerging Trends and Developments
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE webinar will focus on drafting and negotiating the provisions of restaurant leases and emerging trends. The panel will discuss how the operational aspects of a restaurant impact provisions in the lease, tenant improvements, franchise relationships, operational issues in mixed-use developments, insurance provisions and coverages, and issues applicable to tenants generally.
- Restaurant tenants generally: distinguishing features
- Tenant improvements/buildout provisions
- Allocation of responsibility between landlord and tenant
- Equipment and furnishings: lender rights upon lease or loan default
- Franchised (chain) restaurants: rights of franchisor upon default under lease or franchise
- Insurance provisions and coverages
- Other provisions: co-tenancy, go dark, termination provisions, parking, options to renew, insurance
- Subordination, non-disturbance, and attornment agreements
The panel will review these and other key issues:
- How do the operational aspects of a restaurant impact provisions in a restaurant lease?
- What are the concerns for a mixed-use development, and how might they be reflected in the lease?
- Given the expense of a restaurant buildout, how might financing arrangements impact the lease?
- How might a franchise agreement affect the provisions of a restaurant lease and the buildout process?
- What are the nuisance concerns to address in a restaurant lease?
Attorney + Founder
Ms. Bouskila is the founder of a New York City-based boutique law firm focusing on servicing the hospitality and... | Read More
Ms. Bouskila is the founder of a New York City-based boutique law firm focusing on servicing the hospitality and leisure industry. With more than a decade of experience, she has cultivated a reputation as a solution-oriented, deep strategic thinker, all while being seen as an extension of her clients’ team. Ms. Bouskila has a broad-based transactional practice where she focuses on all aspects of the development, management, acquisition, disposition, corporate structuring and financing of hospitality and leisure deals. Prior to working in the United States, she practiced law in Sydney, Australia at leading international law firms, where she managed and executed complex real estate capital transactions including acquisitions and disposals of commercial office buildings, industrial estates, retail centers and hotels, infrastructure projects and corporate deals, primarily for national and international listed property trusts, real estate funds, private equity groups, investment banks, international investors and major property developers. Ms. Bouskila received her LLB from University of Technology, Sydney and has a Masters in Commerce (Finance and Business Law) from University of Sydney. As a native of Australia with roots in the Middle East, she has always been inspired by the power hospitality has in bringing people together across the globe. Ms. Bouskila displays a modern, refined and practical approach to client service, underpinned by her unfettered accessibility, empathy and genuine care for her clients and the communities she serves.Close
Michael S. Hale
Mr. Hale has more than 20 years of experience in the insurance industry as an attorney and a broker, and has... | Read More
Mr. Hale has more than 20 years of experience in the insurance industry as an attorney and a broker, and has represented both insurers and policyholders in coverage-related matters. He has taught insurance and risk management to thousands of insurance professionals and is routinely published as an expert on these topics. In addition, Mr. Hale has served as an expert witness in more than 150 insurance coverage and errors and omissions cases.Close
Jeremy Y. Weltman
Ruberto Israel & Weiner
Mr. Weltman's wide-reaching litigation practice focuses on finding successful resolutions to his clients' legal... | Read More
Mr. Weltman's wide-reaching litigation practice focuses on finding successful resolutions to his clients' legal issues. He represents both individuals and companies across a range of industries including hospitality, real estate, construction, healthcare, restaurant, and retail. Mr. Weltman's direct civil and commercial litigation experience includes handling complex commercial and business litigation, employment litigation, Wage Act litigation, probate litigation, real estate disputes, construction matters, civil rights litigation including ADA accessibility, accommodation issues, and high impact class action work, municipal disputes, appellate advocacy, and other tort based litigation matters.Close