<h1>Founder and spouse acquire branded hotel franchise; family directors raise governance, fiduciary duty and related-party transaction concerns</h1> A cybersecurity firm founder and spouse announced acquisition/launch of a branded hotel franchise and the founder's appointment to the hotel's board, with family members occupying multiple directorships and an operational director leading daily management. Legally relevant issues include corporate governance and fiduciary duties of directors, potential related-party transaction and conflict-of-interest considerations arising from family ties, compliance with franchise and hospitality regulatory requirements, and requisite corporate filings and disclosures. Parties should ensure board independence where required, document governance procedures, manage insider transaction approvals, and confirm regulatory and tax compliance for hospitality operations and associated corporate entities.