This position will help protect the company’s interests during the entire life cycle of its relationship with its franchisees. This position is responsible for providing legal advice in the areas of franchised hotel retention; real estate and other forms of secured collateral; senior and mezzanine lending, workouts, and restructuring; contracts compliance; and general business counseling operations. This person will counsel the contracts compliance team with respect to events giving rise to default or termination; advise the franchise retention team during the negotiation of franchise agreements and draft deal-specific provisions; counsel the company on the legal risks associated with various forms of deal financing and collateral; negotiate settlement or restructuring agreements relating to distressed properties; and advise management on recent changes in laws and regulations that affect the company. The position will support the franchised relicensing and operations teams through regular interactions with other legal and cross-functional teams (finance, tax, risk management, HR) and outside counsel.
Advises contracts compliance team regarding events giving rise to default, termination and other compliance action under franchise agreements
Counsels the franchise relicensing teams and drafts and negotiates deal-specific provisions in franchise agreements
Advises relicensing team with respect to temporary operating and assumption agreements with receivers, lenders and other short-term operators
Advises settlements team and reviews and drafts termination, reinstatement or restructuring agreements
Negotiates and drafts comfort letters with senior/mezzanine/bridge lenders in connection with franchisee financing
• Excellent writing and oral communication skills and attention to detail • Ability to think independently and make sound decisions without long contemplation or research • Strong analytical and drafting skills, with experience drafting transaction documents required • Ability to promptly and effectively respond to questions and concerns from senior management, clients, and customers and explain complex transactional issues in plain English • Ability to define problems, collect relevant information, establish facts, draw valid conclusions and exercise sound discretion and judgment in making decisions and performing duties • Self-starter; ability to multi-task and manage competing priorities • Demonstrated ability to influence individuals outside direct reporting relationships
Education & Experience
• Law degree • Admission to NJ or NY Bar • A minimum of 5 to 7 years of relevant experience in a top tier law firm or in house environment (or combination of the two) • Strong transactional and counseling foundation • Experience in senior and mezzanine lending, workout, or restructuring, commercial contracts, and business counseling required • Hospitality industry and/or franchising experience preferred
Internal Number: 12550
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts is the largest hotel franchisor in the world and a leading hotel management company. We stand 20 brands strong across 9,000 hotels in more than 80 countries, and we offer the most diverse collection of hotel experiences in the world. Our iconic brands, united by the richest and simplest rewards program in the business, make hotel travel possible for all.
Our hotel owners are the stewards of our brands, and together, we champion everyday travelers. We believe guests deserve great experiences, and our robust portfolio—distinguished by our leading economy and midscale brands—delivers just that.
We are AmericInn® by Wyndham, Baymont® by Wyndham, Days Inn® by Wyndham, Dazzler® by Wyndham, Dolce Hotels and Resorts® by Wyndham, Esplendor® Boutique Hotels by Wyndham, Hawthorn Suites by Wyndham®, Howard Johnson® by Wyndham, La Quinta® Inns & Suites, Microtel by Wyndham®, Ramada Encore by Wyndham, Ramada Worldwide® by Wyndham, Super 8® by Wyndham, The Trademark Collection® by Wyndham, Travelodge® by Wyndham, TRYP by Wyndham®, Wingate by Wyndham®, Wyndham Garden®, Wyndham Grand® and Wyndham Hotels and Resorts®.
Headquartered in Parsippany, N.J. with offices aro...und the globe in London, Shanghai, Buenos Aires, Dubai and more, Wyndham Hotels & Resorts employs approximately 15,000 team members worldwide.
Our Company is an Equal Employment Opportunity Employer.