vicki richman
Critical Components of an Effective “Order to Appoint a Receiver” – From the Lender’s Perspective
Victoria 'Vicki' S Richman | September 17, 2020
By Vicki Richman It is inevitable – many hotels will go into receivership and/or foreclosure in the coming months. Some owners cannot afford to fight any longer, some lenders cannot kick the can down the road any longer, or any number of other reasons will start them down this path. Receiverships can be extremely beneficial to the lender or they can be problematic. The three tools central to establishing a receivership which is beneficial to the lender are: 1) the right Receiver 2) the right Receiver’s attorney, and 3) a strategically drafted “Order to Appoint a Receiver.” This article addresses the third tool in a lender’s to...
What Time Is The 3 PM Parade? (Should your hotel have some Mickey Mouse® in it?)
Kirby D. Payne | May 9, 2016
By Kirby D. Payne and Victoria 'Vicki' S Richman, May 9, 2016 Vicki Richman attended Disney Institute. We have incorporated much of what she learned into our company. Every year we improve our company's culture and that of our hotels. If the Walt Disney Company is any benchmark, it's clearly worth doing. Years ago the Disney Institute held a seminar in Minneapolis . Among the co-sponsors was the Minnesota Hotel & Lodging Association. Vicki Richman, our CFO, attended and I have adapted her notes for this article. There is a lot of information provided in this seminar which we have incorporated into our company culture. Ou...
