Opening a Restaurant in New York City: Legal Issue Bootcamp

Friday, March 24, 2017| 9 am – 1 pm

Program Chair:

lou-pechman

Louis Pechman
Pechman Law Group PLLC

 

 

 

 

 

 

 

  • 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 choices of legal entity to form for restaurant projects, investment and management structures, purchase and sales transactions and transfer liability. 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$199 Member | $299 Nonmember
    Small Law Firm: $99 Member

  • Jack Gordon
    Kent, Beatty & Gordon LLP

    Carolyn Richmond
    Fox Rothschild LLP

    Sonal Shah
    General Counsel
    Ark Restaurant Group

    Alex Victor
    Davidoff, Hutcher & Citron LLP

    Larry A. Welch
    Golenbock Eiseman Assor Bell & Peskoe LLP

  • 9:00 am – 9:15 am Introduction & Overview
    Sonal Shah
    9:15 am – 10:05 am Corporate Considerations

    • 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

    Jack Gordon

    10:05 am – 10:55 am Real Estate Issues

    • 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

    Larry Welch

    10:55 am – 11:10 am Break
    11:10 am – 12:00 pm Retail Liquor License Issues

    • The three core components of the liquor license
    • The people – who may or may not be licensed
    • The place – which premises may or may not be licensed
    • The operation – what may or may not be licensed (the 200 Foot Law and 500 Foot Law)
    • The application process – from Community Boards to SLA

    Alex Victor

    12:00 pm – 12:45 pm Labor and Employment Considerations

    • Wage & hour issues
    • Eligibility requirements (undocumented workers)
    • Minimum wage and overtime issues
    • Hospitality Wage Order
    • Unionization and worker organization
    • Recommended best practices

    Carolyn Richmond

    12:45 pm – 1:00 pm Q&A
    Panel

  • NY: 4.0 professional practice
    NJ: 4.3 general
    CA: 4.0 general
    PA: 3.5 general

  • Sponsoring Association Committee: Restaurant & Hospitality Law | Louis Pechman, Chair

    Sponsorship Opportunities are Available! Please Contact:
    Maricela Alfonso| Membership and CLE Relations Associate| (212) 382-6608 | MAlfonso@nycbar.org

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