Navigating Alimony and Child Support Obligations for Restaurants Owners
Navigating Alimony and Child Support Obligations for Restaurant Owners By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: For restaurant owners, divorce brings a unique set of challenges—especially when it comes to financial obligations like alimony and child support. Unlike salaried employees with predictable income, restaurant owners often deal with fluctuating revenue, seasonal earnings, […]
Business Valuation Methods for Restaurants in Divorce Settlements
Business Valuation Methods for Restaurants in Divorce Settlements By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: Divorce is challenging for any business owner, but for restaurant owners, it presents unique complexities—especially when determining the value of the business. A restaurant’s worth isn’t just about profits; it also includes tangible assets, goodwill, brand reputation, […]
Managing Spousal Claims to Restaurant Business Profits in Divorce
Managing Spousal Claims to Restaurant Business Profits in Divorce By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: For restaurant owners, divorce can pose unique challenges—especially when it comes to dividing business assets and profits. Unlike other marital assets, a restaurant is often a personal passion and a critical source of income. Without proper […]
Legal Remedies for Breach of Fiduciary Duty Among Restaurant Partners
Legal Remedies for Breach of Fiduciary Duty Among Restaurant Partners By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: Restaurant partnerships often thrive on mutual trust, shared goals, and a commitment to success. However, when one partner puts personal interests ahead of the business or violates that trust, it can lead to a breach […]
Handling Partner Expulsions in Restaurant Businesses: A Legal Guide
Handling Partner Expulsions in Restaurant Businesses: A Legal Guide By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Partnership conflicts can arise in any restaurant business, and in some cases, the only solution is expelling a partner. However, removing a business partner is a complex legal process that must be handled carefully to avoid lawsuits […]
Minority Shareholder Rights in Restaurant Businesses: What You Should Know
Minority Shareholder Rights in Restaurant Businesses: What You Should Know By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: In the restaurant industry, partnerships often involve multiple owners, each contributing different levels of time, money, or expertise. However, not every owner holds an equal share of the business. Minority shareholders—those who own less than […]
My Fashion (Legal) Odyssey: Part 6 – How To Choose, Use (And Not Abuse) Your Lawyer
My Fashion (Legal) Odyssey: Part 6 How To Choose, Use (And Not Abuse) Your Lawyer Choosing a Lawyer The selection of a professional by a lay person is often a dicey matter. Choosing a lawyer is no different. What qualities should you look for? What are the indicators of a lawyer to avoid? 1. Don’t […]
My Fashion (Legal) Odyssey: Part 5 Why Fashion Brands and Companies Succeed and Why They Fail
My Fashion (Legal) Odyssey: Part 5 Why Fashion Brands and Companies Succeed and Why They Fail Growing and Sustaining the Brand Having written first about launching a brand, I now turn to growing and sustaining the brand. In my second article, I wrote about my unsuccessful efforts to convince the Sergio Valente jeans company […]
My Fashion (Legal) Odyssey: Part 5 Why Fashion Brands and Companies Succeed and Why They Fail
My Fashion (Legal) Odyssey: Part 5 Why Fashion Brands and Companies Succeed and Why They Fail Starting out. As I mentioned in my third article, I attended the first WWD summit in Scottsdale, Arizona. Bud Konheim, longtime President of Nicole Miller, led one of the breakout sessions at that summit. He began his talk by […]
My Fashion (Legal) Odyssey: Part 4 Faster Is (or Is Not) Better
My Fashion (Legal) Odyssey: Part 4 Faster Is (or Is Not) Better The pace of life has clearly accelerated. You need only walk down a Manhattan street and have a cell phone zombie, phone in hand, bang into you in their rush to nowhere. The science writer James Gleick wrote a book on this subject: […]
