News
C&T Lawyers Finalize $60 Million Hotel Acquisition
Apr 9, 2007
On April 9, 2007, members of the Firm's Lodging & Hospitality and Real Estate practice groups closed a $60,000,000 acquisition of four mid-tiered hotels located in Texas. The hotels will be converted to "select-service" hotels and franchised with an international hotel company. The Firm handled the purchase and sale agreements, land use and ancillary rights, review of title commitments and surveys, and closed the transaction with the client's equity partner and lender. Richard Barrett-Cuetara, William L. Siegel, John M. Hill, and Melissa J. Pegram represented their hotel client in this acquisition. Rick Barrett also received the first "GCL" (Great Commercial Lawyer) designation from Jim Cowles, based on the firm's traditional Great Trial Lawyer recognition.
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