Leveraged Investments Transaction for Acquisition of Majority Interest

Represented Pyramid Hotel Group in connection with a leveraged investment transaction in which an affiliate of TZP Group acquired a majority interest in Pyramid. Representation included the negotiation of the purchase agreement and related disclosure schedules; executive employment agreements and Phantom Unit Grant Agreements for senior employees; obtaining the consent of multiple third parties and amendments to the loan documents of CMBS mortgage and/or mezzanine loans involving four hotel properties; and the spin-off of various Pyramid assets not being acquired by TZP. Additional services included liquor license filings incident to the change of control of Pyramid as well as the senior secured credit facility and various organizational documents.