Hospitality, Food and Beverage
Hospitality industry organizations are faced with increasing economic and operational challenges, ranging from the navigation of complex and technical government regulations, to business planning and the resolution of employee disputes. The firm offers counseland solutions that only come from direct, daily involvement in the hospitality industry. With more than three decades of experience, GSRM’s Hospitality, Food and Beverage lawyers are dedicated to helping clients successfully navigate the myriad of issues involved in this very complex industry.
Our attorneys represent the full spectrum of clients, including restaurants, hotels, spas, theme parks, convention centers, manufacturers, wholesalers, retailers, distributors, processors, brewers/vintners, bottlers, packers, farmers, storage holders, investors and brokers, to name only a few.
Experience, passion and longevity are essential components to succeeding in the hospitality sector. GSRM serves as counsel for the Tennessee Hospitality Association, a trade association representing restaurants, hotels and other entities in the tourism and hospitality industries. Our attorneys are highly sought after in the area of Liquor-by-the-Drink issues, a very precise and complicated area of the law. (Click here for GSRM’s most recent Regulatory Update regarding alcoholic beverage issues.)
GSRM attorneys were critical to drafting the 2013 Tennessee Retail Food Safety Act, which updated food safety laws in Tennessee for the first time in over 25 years. Select partners have also served in key industry positions such as Assistant Director of the Tennessee Alcoholic Beverage Commission, Deputy General Counsel of the Tennessee Department of Health and Deputy General Counsel of a Fortune 500 convention and theme park organization.
GSRM attorneys served as the principle lobbyists for the creation of the new $600 million Music City Center, which opened to the public in 2013. On behalf of the Music City Center Coalition, our attorneys handled the state legislation over several years, as well as the local council approvals for the project. The legislation created the authorization for the building, as well as the revenue streams needed to pay for the development.
Our clients place a premium on the productive and often personal relationships cultivated over decades with key industry organizations and leaders. Because of the firm’s overall and individual attorneyreputation in lobbying, negotiation and dispute resolution, challenges are often resolved quickly with organizations such as the Tennessee Department of Health, Tennessee Alcoholic Beverage Commission, Food and Drug Administration and Tennessee Department of Agriculture, among many others. Our attorneys offer an impressive record of success when called upon to analyze and navigate the ever increasing maze of state and federal hospitality, beverage and food laws.
GSRM attorneysconsistently bring a practical and creative outlook to food and beverage transactions. Our clients require solutions, not just a legal analysis of their commercial objectives. GSRM offers comprehensive experiencein real estate, financing, public/private partnerships and franchise law. Our attorneys analyze leases and credit structures, as well as negotiate terms of real property purchase and sale. Our tax attorneyswork with clients to ensure maximum advantage to hospitality businesses. The firm’s employment attorneys provide the full range employment law advice, particularly in the area of wage and hour law— a critical area of knowledgerequired by food, beverage and hospitality product and service companies.
GSRM consistently provides results in resolving hospitality industry disputes. This experienceranges from breach of contract to franchise disputes, real estate and construction claims to labor and employment conflicts, and product liability and ownership disputes. If a preliminary settlement cannot be initially achieved and arbitration or mediation isnot advantageous to our client, GSRM stands ready to litigate.
GSRM attorneys work with clients to execute workouts, reorganizations and liquidations with an eye toward the preservation of financial integrity. Hospitality companies of every size have been faced with circumstances that can force them into bankruptcy. Our attorneys advise on the various aspects of assisting clients through these troubled times, often in conjunction with turn-around consultants and crisis management professionals.
GSRM assists clients to evaluate and implement workout alternatives and reorganizations that mitigate bankruptcy court proceedings. Whether this advice includes the renegotiation of bank loans, the revision of debt instruments, or the negotiation of revised payment plans with trade vendors, our focus on preserving our client’s financial stake remains our unwavering commitment.