Neal Fellenbaum, a partner at Zegen & Fellenbaum, and Andre K. Cizmarik, counsel at Edwards Wildman Palmer, write that managing a troubled business can be a challenge for anyone, but the challenges facing a hotel receiver are exponentially greater because of a hotel's complexity. Management, insurance, labor, vendor and even data breach and liquor license issues are just a few of the issues a hotel receiver will encounter.
Hotel Receiverships: What to Keep in Mind to Make Sure the Lights Stay On
New York Law Journal
October 31, 2012
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