Client Alert: The American Rescue Plan Act of 2021 Establishes A $28.6 Billion “Restaurant Revitalization Fund” Within the U.S. Small Business Administration

Client Alert: The American Rescue Plan Act of 2021 Establishes A $28.6 Billion “Restaurant Revitalization Fund” Within the U.S. Small Business Administration Thumbnail

On March 11, 2021, President Biden signed the $1.9 trillion American Rescue Plan Act of 2021 (the “Act”) into law. The wide-ranging $1.9 trillion stimulus bill establishes a $28.6 Billion “Restaurant Revitalization Fund” (the “RRF”) within the U.S. Small Business Administration (the “SBA”). The RRF is the first package of its kind to target restaurants through…

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POSTED IN: COVID-19, Hospitality Practice Group, News

Tenant Estoppel Certificates in Restaurant Leasing

Tenant Estoppel Certificates in Restaurant Leasing Thumbnail

What is a Tenant Estoppel Certificate? Usually, an estoppel certificate is requested by either the landlord or tenant whenever it is selling or refinancing property.  In either case, the effect of the estoppel certificate is to bind the executing party to certain statements of fact and representations relative to the lease for the benefit of…

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POSTED IN: Articles & Quotes, At Your Service, Hospitality Practice Group

RIW Hospitality Practice Group Attorney Kelly Caralis to Moderate at Boston Magazine’s Top New Restaurants Event

RIW’s Hospitality Practice Group attorney Kelly Caralis will moderate the panel at Boston Magazine’s Top New Restaurants Event on October 25th at the magazine’s Boston headquarters. Joining the panel will be Jefferson Macklin the business manager and partner at Bar Mezzana, Meghann Ward the Chef and Owner of Tapestry Restaurant, and Eric Papachristos Co-Owner of Porto. More information.

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POSTED IN: Events, Hospitality Practice Group