Mangmnt Agrmnts&Opertng Agrm (LAW-795PP-001)
Meets 6/3 2-6PM; 6/4-5 8:30AM-12:30PM
COURSE DESCRIPTION AND COURSE OBJECTIVES A hotel property is a vast economic and operational venture, subject to intricate ownership structures and complex and enduring legal relationships that span advanced topics in the law school curriculum. These business models are bounded by sophisticated legal agreements with terms and conditions that cannot be easily altered or terminated. In the absence of a clear understanding of the essential elements of lodging operations, shifting economic forces and legal nuances can produce unanticipated results and dramatically unequal economic relationships. This course begins with the terminology and basic models of the industry, followed with in-depth reviews of common provisions that often define these relationships. During the semester, we investigate issues that are distinctive to the lodging industry while also examining important legal constructs that govern commercial relationships. Our material looks at advanced topics in contract law, franchise agreements, intellectual property, data security, and dispute resolution. In particular, we will discuss management, licensing and branding rights, business formation and the complexities of hotel real estate development. Hotel management, licensing and ancillary agreements, and the issues that heighten negotiations of these documents also will be reviewed. This course mixes traditional analysis of case law and model forms of agreement, plus a look at statutory trends in the international market. For the student seeking to establish a practice in hospitality law, it is critical to understand the legal component parts of these agreements and to appreciate the strict demands included in the agreements. Upon completing this course, the student should have a fundamental understanding of the important legal concepts and practical applications in hotel law.
Textbooks and Other Materials
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First Class Readings
Not available at this time.
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