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Franchise Agreements and Loans: The Comfort Letter and Beyond

November 1, 2017 – Publications / Mentions

Practising Law Institute

This article identifies issues that an owner’s counsel should watch for when negotiating hotel franchise agreements to prevent unexpected conflicts with the loan documents and lender’s requirements, offers suggestions on negotiating comfort letters, and raises concerns about recent trends in non-recourse carve-out guaranties for hotel loans that can result in unexpected increases in guarantors’ liability.

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