For corporate attorneys, the opportunity to advise businesses on their growth and head off legal issues that could result in the businesses getting sued makes the attorneys’ work enjoyable. And that’s been the case for a team of Ballard Spahr attorneys advising Denver chef Troy Guard on the expansion of his restaurant group into Houston, his first market outside Colorado.
Guard and Grace Houston will be the TAG Restaurant Group’s 12th restaurant, set to be located at One Allen Center, which is currently undergoing renovations worth $48.5 million. According to a news release from Ballard Spahr, Guard and Grace will be an anchor tenant for the location. The restaurant is a high-end steakhouse brand of TAG Restaurant Group and has a location in Denver.
“At the end of the day, Troy understands the food and beverage industry and the restaurant industry, and where he wants to go,” said Denver partner Damon Barry, who led Ballard Spahr’s legal team in the project. The firm’s work advising Guard’s restaurant group in restructuring to launch Guard and Grace in Houston has included creating a holding company, leveraging bank debt and working with his restaurants’ investors. Guard’s Houston venture is not the first time he has worked with Ballard Spahr, Barry said.