Posts filtered by tags: Jim Butler[x]


PACE Financing Lawyer: New York opening PACE – a big opportunity! | By Jim Butler & David Sudeck

PACE financing guidelines are finally available for New York City, and while the program has not officially launched yet, hotel owners and developers in the area should start planning how to use these loans to retrofit their properties. My Partner David Sudeck discusses the program requirements, below.
Tags: Travel, New York, New York City, Jim Butler, David Sudeck

Hotel Franchise Lawyer: 5 Things to negotiate in your next Franchise Agreement | By Robert Braun & Jim Butler

After a year of economic upheaval in the hospitality industry, hotels are making big changes as they look ahead to recovery. Oftentimes these changes involve a complete rebrand, and this leads to questions about what is negotiable in a franchise agreement. In the article below, Bob Braun, senior member of JMBM's Global Hospitality Group® and Co-Chair of the Firm's Cybersecurity & Privacy Group, talks about 5 important franchise terms that can usually be negotiated.
Tags: Travel, Jim Butler, Bob Braun, Global Hospitality Group, JMBM, Robert Braun, Cybersecurity Privacy Group

California hotel workers laid off due to COVID-19 get rehire rights | By Travis Gemoets & Jim Butler

As coronavirus cases drop and economic activity starts to return to normal, the hospitality industry will soon be able to begin replacing workers who were laid off due to the pandemic. Some cities in California, and now the entire state, have enacted requirements for how hotels and other businesses can fill open positions; my partner, Travis Gemoets, has summarized the new law below. - Jim Butler 
Tags: Travel, California, Jim Butler, Travis Gemoets

PACE Financing on a Roll: $6 million loan for Kimpton La Peer Hotel in West Hollywood | By Jim Butler

Hotel finance lawyer: PACE Financing is now mainstream
Tags: Travel, West Hollywood, Jim Butler, Kimpton La Peer Hotel

How does the Supreme Court’s Google v. Oracle case impact the hotel industry (beyond software)? | By Jim Butler & Jeffrey Goldman

The recent ruling in Google v. Oracle has altered the definition of "fair use" when it comes to functional works such as code. While the use of existing creative works must still be transformative in order to avoid violating copyright laws, it will now be much easier to claim fair use when building on existing functional creations. JMBM's Entertainment Litigation Chair Jeff Goldman explains the case below and discusses its potential impact on the hotel industry.
Tags: Travel, Google, Supreme Court, Oracle, Jim Butler, Jeffrey Goldman, Jeff Goldman

Hotel Lawyer: New rules for anti-money laundering compliance? FinCEN seeks comments on new Federal Anti-Money Laundering Law. | By Jim Butler

The Treasury Department's Financial Crimes Enforcement Network (FinCEN) is currently accepting public comments on a provision in the recently enacted Corporate Transparency Act (CTA) which requires some privately-held business entities to disclose ownership information directly to a law enforcement agency. Interested parties should consider commenting before the May 5th deadline, and companies who may be impacted should take this opportunity to review their anti-money laundering complianc...
Tags: Travel, Jim Butler, FinCEN, White Collar Defense and Investigations Group, Vince Farhat, Samuel Buchman

ADA Defense Lawyer: California’s Central District tries to curb ADA lawsuits | By Jim Butler

California has seen an explosion of ADA cases in the past few years, leading the state to impose strict pleading standards and high filing fees for serial litigants. Litigants have previously found their way around this by filing in federal court, but the courts have made it clear that they will decline supplemental jurisdiction in these instances. Martin Orlick, Chair of JMBM's ADA Compliance & Defense Group, explains below.
Tags: Travel, California, Ada, Jim Butler, Central District, ADA Compliance Defense Group, Martin Orlick

New ALTA/NSPS Land Title Survey Standards for 2021 | By Jim Butler & Trevor Countryman

The survey standards for the American Land Title Association® (ALTA®)/ National Society of Professional Surveyors (NSPS) survey were updated in February 2021. Given how important this survey is to most commercial real estate transactions, it is crucial that investors understand its scope in order to avoid unnecessary costs and delays. JMBM associate Trevor Countryman has outlined these recent changes below.
Tags: Travel, Jim Butler, American Land Title Association, JMBM, Trevor Countryman

New ALTA/NSPS Land Title Survey Standards for 2021 | By Jim Butler

The survey standards for the American Land Title Association® (ALTA®)/ National Society of Professional Surveyors (NSPS) survey were updated in February 2021. Given how important this survey is to most commercial real estate transactions, it is crucial that investors understand its scope in order to avoid unnecessary costs and delays. JMBM associate Trevor Countryman has outlined these recent changes below.
Tags: Travel, Jim Butler, American Land Title Association, JMBM, Trevor Countryman

Hotel Lawyer on PPP2 and the COVID Relief Bill’s changes to Paycheck Protection Program | By Jim Butler

We have a new PPP Loan authorization bill out of Washington, after months of political wrangling. Congress could have done more, but they did provide for up to $2,000,000 in additional forgivable loans per borrower, along with provisions which specifically cater to the hospitality industry.
Tags: Travel, Congress, Washington, Bill, Jim Butler, PPP loan

Boutiques May Be Adapting Faster Than Other Hotel Sectors, But Still Hurting | By Guy Maisnik & Jim Butler

The theme of the Boutique Lifestyle Leaders Association's (BLLA) upcoming Boutique Lifestyle Digital Summit is "Dare to Adapt" and there are some compelling arguments as to why the boutique space may be able to adapt to the current economic crisis faster than other sectors in the hotel industry.
Tags: Travel, Jim Butler, Guy Maisnik, Boutique Lifestyle Leaders Association

Hotel Industry Crisis: 8 Do’s and Don’ts for Distressed Hotels | By Jim Butler & Guy Maisnik

As the COVID-19 crisis grows in the US and elsewhere outside China, hotels and restaurants are among the businesses hardest hit. In select markets like Seattle and San Francisco, hotels are reporting single digit occupancies and crushed ADRs. Many hotels do not have the cash flow to keep their doors open. The major hotel companies are talking of furloughs for tens of thousands of hotel employees and many properties are looking at closure or skeleton team maintenance operations.
Tags: Travel, China, US, San Francisco, Seattle, Jim Butler, Guy Maisnik

COVID-19 Coronavirus As Force Majeure Contract Defense — History And Origins | By Jim Butler & Mark Adams

One often doesn't know the extent of one's insurance coverage until a calamity occurs. So it is with force majeure provisions in contracts. Typically, force majeure provisions are included in contracts to excuse a party from contractual obligations if some unforeseen event beyond its control prevents performance of its contractual obligations.
Tags: Travel, Jim Butler, Mark Adams

Elizabeth Warren Has Done the Hard Part. Now Comes the Harder Part.

VINTON, Iowa -- Elizabeth Warren motors onstage at her campaign events like she is being chased: arm-pump, arm-pump, mid-jog wave. OK! Let's get this thing going.She rockets through the plan-a-minute portion of her stump speech with a winking plea for indulgence: "Just one more, just one more," she promises, as if bargaining with an award-show orchestra trying to play her off before her subprime mortgage riff.Then comes that crucial moment of a Warren gathering, when the power dynamic shifts...
Tags: New York, News, Obama, Snowden, White House, Massachusetts, Elizabeth Warren, Barack Obama, Atlanta, Joe Biden, Harvard, Hillary Clinton, New Hampshire, New York Times, Iowa, Warren

American Rearranges the Deck Chairs

Sorry for the delayed post, but this news was under embargo until now, and I thought it worth waiting instead of posting next week. Rumors about changes in American’s management have reached a fever pitch recently, and now a change is officially being made. The problem is… it’s more of a rearranging of the deck chairs than a fundamental change. I don’t expect this is going to be received positively. Many have fixated on CEO Doug Parker needing to go, but I take a broader view. As I said ...
Tags: Travel, Wall Street, David, Devon, Kerry, American Eagle, American, Robert, Kurt, SVP, Doug, Jim Butler, Doug Parker, David Seymour, Robert Isom, Kurt Stache

JMBM’s Global Hospitality Chairman Jim Butler Will Speak About Hotel Investment at 2019 Institutional Real Estate Forum

Jim Butler, Chairman of JMBM's Global Hospitality Group®, along with Jack Westergom of Manhattan Hospitality Advisors, will speak at the 4th Annual West Institutional Real Estate Investor Forum on June 5, 2019 in San Francisco on the topic of hotel investment. They will also conduct a roundtable discussion for investors who may be new to the hotel investment.
Tags: Travel, San Francisco, Jim Butler, Global Hospitality, Jack Westergom, Manhattan Hospitality Advisors, Global Hospitality Group, JMBM

The 2019 LIIC Top Ten — Hotel Real Estate: Mostly Sunny Days Clouded by Labor Issues | By Jim Butler

Yesrerday, we kicked off Meet the Money® 2019 – the National Hotel Finance & Investment Conference hosted by JMBM’s Global Hospitality Group® – with the LIIC Top Ten. Presented by my friend, Mike Cahill, CEO and Founder of HREC and one of LIIC’s co-chairmen, the LIIC Top Ten reflects the perspectives of the industry’s most active members in the hospitality market.
Tags: Travel, Jim Butler, Mike Cahill, Global Hospitality Group, JMBM, LIIC, HREC

Republican Lawmaker Wants Tax Cut in State Budget

There have been tax cuts in nearly every state budget since 2005. But Governor Mike DeWine has said now is the time to invest in Ohio, so there are no tax cuts in his budget. Some on the panel that makes changes to the budget are considering whether a tax cut can or should be included. Lawmakers are being advised by their economic researchers to cut the spending increase in DeWine’s budget by 25 percent. Republican Rep. Jim Butler (R-Oakwood) is on the House Finance Committee, and said he’s disa...
Tags: Ohio, Mike DeWine, Jim Butler, Oakwood, DeWine, House Finance Committee, State Budget, House Finance, Anna Huntsman, Jack Cera D Bellaire

West Virginia: Campus Carry Bill Fails in Senate Judiciary Committee

Opinion West Virginia: Campus Carry Bill Fails in Senate Judiciary Committee Fairfax, VA – -( On March 5th, 2019, House Bill 2519, The Campus Self-Defense Act, failed to pass out of the West Virginia state Senate Judiciary Committee.  HB 2519 previously had passed the state House of Delegates by a vote of 59-41. House Bill 2519, sponsored by Delegate Jim Butler (R-14), would have allowed law-abiding CHL holders to carry on the campus of a state institution of higher education. ...
Tags: Guns, West Virginia, House, Nra, Senate Judiciary Committee, House of Delegates, CHL, Aye, Jim Butler, Gun Rights News, NRA-ILA, Institute for Legislative Action ILA, National Rifle Association of America ILA, Concealed Carry on Campus, Boso Smith Cline Trump Maynard Azinger, Rucker Nay

West Virginia: Campus Carry Passes House, On to Senate

Opinion West Virginia: Campus Carry Passes House, On to Senate Fairfax, VA – -( On February 27th, 2019 the West Virginia state House of Delegates passed House Bill 2519 by a vote of 59-41 to ensure that law-abiding adults are not stripped of their right to self-defense when they cross an arbitrary boundary onto a college campus. Earlier on the same day, HB 2519 was motioned to be referred to the House Rules Committee. Despite that delay, HB 2519 returned to the floor in time fo...
Tags: Guns, Senate, West Virginia, House, House of Delegates, CHL, Jim Butler, State Senate Judiciary Committee, House Rules Committee, Gun Rights News, NRA-ILA, Institute for Legislative Action ILA, National Rifle Association of America ILA, Fairfax Va Ammoland, House Bill 2519

Why Retail Owners Are Partnering With Hotels | By Jim Butler

Recently, my partner, Guy Maisnik, and I spoke about hotel retail mixed-use development with Kelsi Maree Borland of Her article, Why Retail Owners Are Partnering With Hotels ran with the subtitle, With retail evolving to be more experience-driven, retail owners are finding the benefits of adding boutique hotels to shopping centers.
Tags: Travel, Jim Butler, Guy Maisnik, Kelsi Maree Borland

Republican Dispute Over House Speakership Continues

Ohio House Republicans have voted to keep Ryan Smith as House Speaker. But Smith’s opponents are disputing the merits of that vote. While the 34 Republican representatives attending the caucus meeting chose Ryan Smith (R-Bidwell), most of the 26 who weren’t there support Smith’s challenger, Larry Householder (R-Glenford). Smith hopes this puts an end to the long speaker fight. “We’ve been waiting to get to this vote so we can figure out a winner and try to pull everyone together," Smith said. Bu...
Tags: House, Republican, Smith, Ryan Smith, Andy Chow, Ohio House, Householder, Jim Butler, Oakwood, Ryan Smith R Bidwell, Larry Householder R Glenford Smith

Still No Vote Scheduled On Ohio House Speaker

The behind the scenes drama goes on over who will be the speaker of the House in the new General Assembly in January, as there appears to be a stalemate over when Republican representatives will vote. Typically, each caucus holds informal leadership votes before the new session starts. Democrats did last week. The dean of the Republican caucus, Jim Butler, supports former Speaker Larry Householder to take back that job. But because some candidates he supported didn’t win their elections, it seem...
Tags: House, Republican, Smith, Ryan Smith, General Assembly, Ohio House, Karen Kasler, Jim Butler, Larry Householder

Leadership of Ohio House Is Still Up In the Air

As Ohio lawmakers prepare for the next general assembly to begin in January, House leadership is still up in the air, with two candidates who still both want to be speaker. Speaker Ryan Smith is calling for Republicans to take an informal vote for the next speaker now. Smith was named speaker in June after defeating former Speaker Larry Householder in 11 rounds of voting. Householder was hoping candidates he backed would elect him for the new general assembly but many lost in November. Rep. Jim ...
Tags: House, Ohio, Smith, Ryan Smith, Ohio House, Jo Ingles, Butler, Householder, Jim Butler, Larry Householder

L Squared Capital invests in United Scope

L Squared Capital Partners said Feb. 27 that it invested in United Scope, resulting in a majority recap of the company. Financial terms weren’t announced. Company founders also invested. United Scope, which goes to market under the brand AmScope, provides microscopes and related accessories sold online to end markets including the education sector, life sciences and other scientific research fields, as well as various industrial inspection applications. Varagon Capital Partners provided debt fin...
Tags: Trends, Chicago, Southern California, Company, The Company, Dentons, Jim Butler, Paul Hastings, PE Deals, Newport Beach CA, Squared Capital, L Squared Capital Partners, Varagon Capital Partners, Brad Staley, United Scope, Squared Capital Partners

Ohio Lawmakers Consider an Alternative to Healthcare Cost Transparency Law

A law that passed unanimously a couple of years ago that would allow patients to find out the costs of medical procedures hasn’t been implemented yet. And as Ohio Public Radio’s Jo Ingles reports, it might never be if a new bill on health care price transparency is approved. The new law which lets consumers see and compare prices of medical care was supposed to go into effect on Jan. 1, but it didn’t. The Ohio Hospital Association and others sued, preventing its implementation. So Rep. Steve Huf...
Tags: Ohio, Steve Huffman, Jo Ingles, Jim Butler, Ohio Public Radio 's Jo Ingles, Ohio Hospital Association

How to avoid litigation on Resort Fees and other mandatory hotel charges | By Jim Butler

In evaluating what you should do about the new furor over mandatory hotel charges, it would be helpful to have a clearer understanding of what the FTC seems to be saying on the issue. The chart below is our translation into "street English" of the FTC pronouncements discussed earlier. (See How Resort Fees became an explosive $2.7 billion issue which contains links to the original FTC press release of November 29, 2012 and the most recent FTC Economic Analysis of Hotel Resort Fees of Janua...
Tags: Travel, Ftc, Jim Butler

Ohio Lawmakers Want to Offer a Reward for Finding a Cure

A state lawmaker is confident that a newly proposed program in Ohio could lead to curing major diseases worldwide. The system offers a different incentive than what currently exists. Hope and innovation. Republican Representative Jim Butler says his proposed legislation will bring both. The so-called Cure Bill would create a multi-state compact for a multi-billion-dollar reward to anyone who develops a cure to any major disease. Butler says the compact would calculate how much money each state s...
Tags: Hope, Ohio, Andy Chow, Butler, Jim Butler

Ohio Lawmaker Wants Two New Airport Hubs

A Republican state lawmaker says companies have left Ohio because of a lack of access to air travel. He says Ohio can bring back jobs and more flights by building two new regional hub airports, one in the southwest and one in the northeast. Southwest Ohio Rep. Jim Butler wants to build airports at I-71 near Xenia and on I-80 just north of Ravenna. He says Ohio has the population to support hubs like Dallas/Ft. Worth and Atlanta have, but none of Ohio’s existing airports are within an hour’s driv...
Tags: Atlanta, Ohio, Trump, Butler, Jim Butler, Ravenna, Dallas Ft Worth, Southwest Ohio, Xenia

Meet the Money 2017 Presentations Now Available for Download! - By Jim Butler

Meet the Money®2017 wrapped up last week at the Hyatt Regency LAX, and looks to be one of our most successful years yet! More than 350 hotel industry leaders gathered to hear from 130+ speakers who gave their expert perspectives on the current hospitality market, the national and global economy, and where trends might take us as we move towards 2018.
Tags: Travel, Jim Butler, Hyatt Regency LAX