“How to Write a Solid Restaurant Operating Agreement,” Restaurant Hospitality
In an article published on March 2, 2018, in Restaurant Hospitality, Bloom Parham partner Simon Bloom provides guidance on best practices in setting up partnership agreements. In an article about the legal matters surrounding the dissolution of Atlanta celebrity chef and restaurateur Kevin Rathbun’s partnerships, Bloom provides examples of scenarios that need to be discussed at the formation of a partnership so that legal issues do not arise when it comes time to end it. “It could be a conflict of interest,” Bloom told the publication. “It could be that you have another permanent full-time job. It could just be that I want to buy you out. These are the terms that have to be discussed when you’re entering into a partnership.” For the full article, you may click here.