Laura A. Holoubek

Experience

Represent Account Wagering Companies

Represented account wagering companies (online handicapping) in acquisition of various state licenses (Oregon, North Dakota, Kentucky, etc.), and continued regulatory compliance at the state level including representation before the Racing Commission.

Advise International Gaming Companies

Ongoing counsel to international gaming companies on U.S. gaming law (civil and criminal) including the Wire Act, Interstate Horseracing Act, and Unlawful Internet Gambling Enforcement Act (UIGEA), simulcasting agreements, trademarks and other intellectual property protection, and foreign entity qualification in various state jurisdictions.

Representation of Non-Profit Equine Trade Associations

Ongoing counsel to various not-for-profit equine trade associations. Work includes advice on corporate governance, rule book compliance, hearing committee, intellectual property protection, employment agreements, election protocol and general contract work.

Racetrack Counsel

Represented client in acquisition of thoroughbred racetrack and subsequent sale including representation before the Michigan Racing Commission.

Represented client in ownership of interest in racetrack in Kentucky, including representation before the Kentucky Racing Commission. Advised on legal status of instant racing.

Drafted rules and regulations for online fantasy handicapping tournaments including compliance with state and federal law.

General Counsel for premier racetrack in Florida. Advised on all aspects of racetrack management including pari-mutuel wagering, regulatory compliance, simulcasting contracts, condition book, stall applications, and general business contracts including food service and on-track veterinary services.

Equine

Draft and negotiate purchase and sales agreements for racehorses, stallion prospects and elite show jumpers and hunters.

Draft and negotiate stallion syndicate agreements for premier stallion farms. Drafted and/or negotiated agreements for BIG BROWN, GHOSTZAPPER, AWESOME AGAIN, WAR PASS, FLOWER ALLEY, POINT OF ENTRY, FORT LARNED, DIALED IN, ICEBOX, BRILLIANT SPEED and many others.

Draft and negotiate mare share agreements, stallion service contracts, foal share agreements, pinhooking partnerships, artificial insemination and embryo transfer agreements.

Formation of racing partnerships and advise and negotiate choice of entity, terms of management, transfer provisions and regulatory compliance.

Draft and negotiate purchase and sale agreements and co-ownership agreements for elite show jumpers and three-day event horses.

Draft lease agreements for competitive show horses and ponies and racehorses.

Advised show jumping operation regarding obtaining USEF and FEI show dates, and all contractual aspects of hosting FEI CCI*** competition.

Advise sport horse and thoroughbred and standardbred farms in all aspects of operations including boarding contracts, lease agreements, bills of sale, releases and waivers, liability, local and state regulatory matters, lien placement and collection of payment due.

Represented client in purchase of horse show dates and compliance with USEF license transfer and compliance.

Purchase and sale representation of thoroughbred and sport horse farm real estate.

Equine and Middle Market Commercial Lending

14 years experience documenting all aspects of commercial loans secured by equine collateral for two regional lenders. Expertise in Uniform Commercial Code compliance, filing and perfection as well as lien enforcement and competing liens with respect to equine collateral. 5 years of significant equine lending workout practice including forbearance, collateral marshalling, receivership, sale of collateral, and litigation. Relationships and experience working with all major equine sales companies.

Corporate law

Chaired ABA subcommittee on LLC Organizational Checklist culminating in the publication and presentation of the LLC Organizational Checklist (annotated) in the August 2014 edition of the Business Lawyer.

Advise on choice of entity, drafting of formational documents, drafting operating agreements, negotiation of management and member provisions, shareholder agreements, bylaws, buy-sell agreements or transfer restrictions, representation of managers and minority interest holders, licensing and royalty agreements, non-compete agreements and taxation differences between entity selections.

Advised international company on all aspects of establishing a U.S. based subsidiary in Kentucky including all necessary corporate and employment documents, and products and other liability insurance.