Legal Insights

Page 14 of 16. Practical M&A and securities guidance from deal counsel.

Franchise M&A: Buying and Selling Franchise Systems

Comprehensive legal guide to franchise M&A: FTC Franchise Rule compliance, FDD Item 1 and Item 23 change-of-control updates, assignment consents, ROFR mechanics, personal guaranty survival, development agreements, master franchise structures, non-compete enforceability, joint employer risk, and NLRB standards for franchise transactions.

Gaming License Change of Control and State Approval

A detailed legal analysis of gaming license change of control approval processes across Nevada, New Jersey, Michigan, and Pennsylvania, covering suitability standards, institutional investor waivers, timing expectations, interim trustee arrangements, and deal structuring strategies for gaming M&A transactions.

Gaming, Casino, and iGaming M&A: Legal Guide 2026

A comprehensive legal guide to gaming, casino, iGaming, and sports betting M&A in 2026: state gaming commission approval, change of control thresholds, principal disclosure, iGaming technical standards, Title 31 BSA compliance, tribal gaming, license transfer mechanics, reps and warranties, and post-closing integration for gaming transactions.

Ghost Kitchen and Health Permit Diligence in Restaurant M&A

A detailed legal analysis of FDA Food Code 2022 adoption, food service establishment permit transferability, ghost kitchen sub-permitting, HACCP plan requirements, allergen management, inspection history diligence, plan review triggers, CFPM credentials, and reps and warranties frameworks for commercial kitchen and ghost kitchen M&A transactions.

Ghost Kitchen, QSR, and Restaurant M&A: Legal Guide 2026

A comprehensive legal guide to ghost kitchen, QSR, and restaurant M&A in 2026: franchise FDD transfer requirements, leasehold assignment, liquor license transfer, health permits, third-party delivery platform agreements, virtual brand IP, tip pooling, HACCP, POS integration, gift card escheat, environmental FOG regulations, and post-closing integration.

Healthcare M&A Legal Guide: Practices, ASCs, Health Systems

Comprehensive legal guide to healthcare M&A: Stark Law, Anti-Kickback Statute, False Claims Act diligence, corporate practice of medicine, MSO structures, Medicare CHOW, Medicaid provider agreements, HIPAA in transactions, state licensure, certificates of need, 340B, reps and warranties, escrow structures, and private equity roll-up strategy.

Home Services M&A: Legal Guide for HVAC and Plumbing

A comprehensive legal guide to home services M&A in 2026: contractor license assignment, technician non-compete enforceability, customer list protection, service agreement assumption, warranty tail liability, consumer financing transfer, and closing mechanics for HVAC, plumbing, electrical, roofing, and pest control transactions.

Hotel Franchise License Transfer and PIP Negotiation

A detailed legal analysis of franchise license agreement change-of-ownership triggers, franchisor consent timelines, PIP scope and cost negotiation between buyer and seller, relicensing decisions, key money resets, and closing conditions tied to franchise approval in hotel acquisitions.

Hotel Management Agreement Transitions in Hotel M&A

A detailed legal analysis of HMA mechanics in hotel acquisitions: operator fee structures, performance test termination, no-cause buyout formulas, assignment consent standards, area protection clauses, buyer approval requirements, transition services obligations, and HMA litigation risk.

HSR Act Filings and Antitrust Merger Review in M&A

Comprehensive field guide to HSR Act antitrust filings and merger review: 2026 threshold updates, 2024 overhauled HSR form, size-of-transaction and size-of-persons tests, Second Request process, gun-jumping risk, hell-or-high-water clauses, divestiture remedies, and Section 7 liability for non-reportable transactions.

Insurance Company M&A: Form A Filings and Approvals

Comprehensive legal guide to insurance company M&A: Form A change-of-control filings, state insurance holding company act approvals, Form E pre-acquisition notification, NAIC coordination, life vs P&C vs health carrier overlays, CFIUS, ORSA, extraordinary dividend approvals, and post-closing compliance for insurance holding company transactions.

IPO Readiness: A Legal Guide for Late-Stage Companies

Comprehensive legal guide to IPO readiness for late-stage companies: IPO alternatives, JOBS Act EGC accommodations, S-1 registration statement structure, financial statement requirements, ICFR and SOX 404(b), board composition, dual class voting, NYSE and Nasdaq listing standards, SEC comment cycles, D&O insurance, lock-up agreements, and ongoing Exchange Act reporting obligations.

Joint Ventures in M&A: Formation, Governance, and Exit

Comprehensive legal guide to joint ventures in M&A: entity selection, formation structure, governance frameworks, board composition, deadlock mechanisms, exit provisions, IP licensing, antitrust considerations, transfer restrictions, cross-border JVs, and dissolution.

Liquor License Transfer in Restaurant M&A

A detailed legal analysis of liquor license transfer mechanics in restaurant and bar acquisitions, covering California ABC Type 47 and Type 48 licenses, state ABC procedures, person-to-person and premises-to-premises transfers, Dram Shop liability, tied-house rules, moratorium counties, interim operating permits, and reps and warranties frameworks for food and beverage M&A transactions.

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