
In the context of a hotel acquisition or new hotel construction, there are a myriad of issues that must be addressed, including a tangled web of permits and licenses that must be obtained prior to opening. Perhaps the most challenging license or permit that must be obtained is the liquor license. The difficulty, obstacles and puzzles that must be solved when obtaining a liquor license vary in complexity and intensity depending on the state in which the hotel is located, and in some cases depending further on which county and / or municipality within the state. It can be easy for outside transaction lawyers working on a hotel acquisition for the owner or management company client to overlook the difficulty and potential for delay that obtaining liquor licenses can present. READ MORE