Sri Lanka

US Based Hotel Operator:

Advised a US listed international hotel operator on the acquisition of a 4 hotel multi-property portfolio located in various cities in Sri Lanka.

Global Hotel Operator:

Advised a listed international hotel owner operator on the development of the first branded residence development in Sri Lanka.

Global Hotel Operator:

Advised client on company representative changes procedure in Sri Lanka with assistance from Local Affiliates.

Europe and USA based Global Operator:

Advised Europe and USA-based global hotel operating company branches regarding market entry and regulatory compliance in connection with establishing a new business model, including legal, operational, finance and tax aspects of identifying statutory requirements and the corresponding most efficient and beneficial compliance structure in Thailand, Singapore and Indonesia, including assessing feasibility of branded residence conversion projects in Indonesia and Maldives.

Maldivian Hotel Owners and related Maldivian governmental entity:

Advise on the acquisition of 3 distressed Maldivian Hotels by international private equity investors, including structuring the bankruptcy remote acquisition entity, extension of the hotel leases by the Maldivian government, restructuring loans and acquisition finance and acquisition of the hotels.

Maldivian Hotel Owner:

Advised on the joint venture arrangements, development and leasing documents in respect of a “floating” development to be constructed in the Maldives.

Hotel Owner based in EMEA:

Advising an EMEA based hotel owner / investor on the financing and development of an internationally operated luxury hotel and resort in the Maldives.

Global Hotel Operator:

Advise on Section 39(D) of the Regulation on the Grant of Rights related to Tourist Resorts and ancillary Maldivian regulatory compliance in connection with Management Agreement negotiations and project restructuring for Amingiri property.

Global Hotel Operator:

Advised on high level local law assessment of the template (i) Notice of Termination, and (ii) Confirmation of Termination (collectively, "Termination Documents"), to confirm whether completing and issuing the Termination Documents will be effective in terminating the MAs/BAMAs in Myanmar, Thailand, Vietnam, Sri Lanka, Malaysia and Maldives.

Case Details

Case Type

Client

Date

October 11, 2023

Service Value

Law Type

Case Status

Time Frame:

Result

35+ Years

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