Friday, March 18, 2016| 9:00 am – 1:00 pm
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This program will focus on the corporate, real estate, liquor license, and labor/employment issues involved in opening a restaurant in New York City. Learn about the different forms of restaurant entity formation, purchase and sales transactions, due diligence, transfer liability, and loans and collateral. Review buy vs. lease issues, build outs, provisions regarding including assignment, contingencies, and guarantees. Find out the requirements for obtaining on and off premises liquor licenses and how to navigate the process and procedure before the New York State Liquor Authority and the local Community Boards. Learn about overtime, spread of hours, the 80/20 rule, tip credit, non-compete restrictions, and other essential labor and employment issues.
Live Program/Webcast/DVDs & CDs: $229 Member | $329 Nonmember
Small Law Firm: $119 Member | $219 Nonmember
On-Demand: $179 Member | $279 Nonmember
Materials Only (No CLE Credit): $99 Member | $129 Nonmember -
Donald Bernstein
Victor & Bernstein PCMichael B. Kent
Kent, Beatty & Gordon, LLPElke A. Hofmann
Elke A. Hofmann Law PLLCArgilio Rodriguez
Rodriguez Law PC -
9:00 am – 9:15 am Introduction & Overview
Louis Pechman9:15 am – 10:05 am Corporate Considerations
Elke Hofmann- LLC v. corporation – entity choices for restaurants
- Common corporate structures for startup restaurants and for growing restaurant groups
- Investment in restaurant businesses – typical investment terms
- Acquiring a restaurant business – factors to consider for a purchase of assets or equity of an existing business
10:05 am – 10:55 am Real Estate Issues
Michael B. Kent- Key money deals v. raw spaces
- Negotiating the term sheet
- Due diligence required when checking out a space
- Lease sections to pay attention to for restaurants
10:55 am – 11:10 am Break
11:10 am – 12:00 pm Liquor License Issues
Donald Bernstein- The four issues the SLA will be concerned with
- Who may or may not be licensed
- What premises may or may not be licensed
- The 200 foot rule
- The public interest test of the 500 foot rule
- What happens at a Community Board meeting and how to prepare
12:00 pm – 12:45 pm Labor and Employment Considerations
Argilio Rodriguez- Wage & hour issues
- Eligibility requirements (undocumented workers)
- Employing minors
- Unionization and worker organization
- Retaliation
- Types of discrimination
- Safety and health issues
- Workers’ compensation law
- Recommended best practices
12:45 pm – 1:00 pm Q&A
Panel
NY: 4.0 pp
CA (live): 4.0 general
NJ: 4.3 general
PA: 3.5 general-
Sponsoring Association Committees:
Restaurants & Hospitality | Louis Pechman, ChairSponsorship Opportunities are Available! Please Contact:
Maricela Alfonso| Membership and CLE Relations Associate| (212) 382-6608 | MAlfonso@nycbar.org
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