OCTOBER 2024
Hospitality Insights & Trends
FAQ: What to Know About Boston’s New Liquor License Expansion Bill
With Boston's long-awaited license expansion bill now approved, entrepreneurs have already commenced location scouting and diligence activities for the development of new restaurants, wine bars, eateries, and more. Keep reading as Adam Barnosky answers commonly asked questions about the new batch of licenses below.
Three Things to Prepare for When Selling Your Company
The M&A market has had a very nice run over the past several years, and more transaction activity will certainly continue as interest rates come down. As an attorney who has represented many sellers over the past 30 years, Russell Stein shares three things business owners contemplating a transaction should consider.
Boston’s New Liquor License Approval Process and What Applicants Should Know
In response to the recent passage of the Liquor License Expansion Bill, the City of Boston quickly established new application procedures. While much of the local application process will remain the same, several new components have been incorporated for this latest batch of licenses to support a transparent and equitable approval process. Michael Cronin breaks down what you need to know below.
David Robinson recently led a session at the National Retail Tenants Association Annual Conference on audit rights and restrictions that focused on the critical topic of verifying “pass-through” Common Area Maintenance (CAM) charges and expenses, a pivotal aspect of cost management for large retail tenants managing leased properties. This session delved into the complexities and strategies essential for effective oversight in this vital area of retail tenancy.
RECOMMENDED LISTENING
Transaction Talk: Restaurant Transactions and Liquor Licensing Transactions
September 17, 2024
On the latest episode of Transaction Talk, hosts Jennifer Fox and Eric Sigman are joined by Adam Barnosky, Chair of the Restaurant and Hospitality Practice Group at Ruberto, Israel & Weiner.
In this conversation, Adam delves into the unique challenges of restaurant transactions, discussing everything from liquor licensing and zoning permits to the intricacies of multi-unit franchising. Tune in for valuable insights on handling the complexities of buying or selling restaurants, and discover why proper planning, patience, and the right team are crucial to closing a successful deal!
Restaurant Daily
A quick morning dose of the restaurant news you need from the editors of Restaurant Business and Nation's Restaurant News. Restaurant Daily explores the dynamic world of the restaurant industry, featuring insights from chefs, owners, and industry experts. Each episode delves into topics such as trends, challenges, and innovations, providing listeners with valuable knowledge and inspiration for their culinary endeavors and business practices.
Whether you’re a food lover or a restaurant professional, the podcast offers a behind-the-scenes look at what makes the dining experience special.
INSIDE RIW
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Eight attorneys in RIW's Restaurant & Hospitality Practice Group were named 2024 Massachusetts Super Lawyers
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RIW sponsored and attended the MetroNorth YMCA Where in the World Annual Gala
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Attorneys Michael Cronin and David Musen attended the Taste of the Merrimack Valley event
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RIW sponsored, attended, and provided gifts for the chefs at the Best of Boston 50th Anniversary Event
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Hospitality Group Chair Adam Barnosky hosted a Licensing Bar Association Summer Social Event at Bostonia Public House
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RIW welcomed associate Michael Cronin to the Corporate Department and Restaurant & Hospitality Practice Group
UPCOMING
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Hospitality Group Chair Adam Barnosky is attending the National Association of Licensing and Compliance Professionals (NALCP) annual conference in Fort Worth, TX later this month.
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RIW is sponsoring and providing chefs gifts at the Boston Magazine 2024 Taste of Boston event on 11/7.
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Hospitality Group members Eric Sigman and Russell Stein are attending the 2024 Restaurant Finance Development Conference in Las Vegas in November.