On April 3, 2020, banks commenced taking applications for the Small Business Administration’s (“SBA”), Paycheck Protection Program (the “PPP”) loans, as provided in the Coronavirus Aid, Relief, and Economic
Continue Reading (Some) Good News: SBA Guidance Mostly Exempts Franchises from Affiliation Rules for Paycheck Protection Act Loans
The CARES Act and Small Business Administration Loans
There’s a big insurance company that uses the tag line: Life Comes at You Fast. I sure feel that life is coming at me very fast in this Brave New
Continue Reading The CARES Act and Small Business Administration Loans
(UPDATED) Are State Registration Deadlines Changing under COVID-19? Yes and No (a survey)
This was updated on April 15, 2020, to reflect changes issued by Illinois and Indiana.
This was updated on April 6, 2020, to reflect changes issued by Virginia.
To Poach or Not to Poach
Franchise systems, and many licensing arrangements, contain anti-poaching provisions. These provisions are being tested under the antitrust laws as being
Continue Reading To Poach or Not to Poach
Taxes in Texas: Rent and Other Fees are Taxable Income
In a recent opinion, the Texas State Office of Administrative Hearings (SOAH) disagreed with a Texas franchisor that claimed rent and other fees received from its franchisees were mandated
Continue Reading Taxes in Texas: Rent and Other Fees are Taxable Income
Attention Franchise Filers! Indiana Goes Paperless on January 1st
More and more states are launching online portals allowing franchise systems to file initial registrations, exemptions, renewals and amendment applications electronically. The Indiana Secretary of State, Securities Division launched the
Continue Reading Attention Franchise Filers! Indiana Goes Paperless on January 1st
Another Day, Another Data Security Law: the NY SHIELD Act
New York passed a cybersecurity and data breach law, effective October 23, and it expands many cybersecurity requirements to not only businesses operating in New York, but also those operating
Continue Reading Another Day, Another Data Security Law: the NY SHIELD Act
Did You Know? NASAA Releases New Instructions
On May 19, 2019, the North American Securities Administrators Association (NASAA) adopted new state cover sheets and state effective dates page for franchise disclosure documents. Beginning on January 1, 2020,
Continue Reading Did You Know? NASAA Releases New Instructions
Does GDPR Apply to Your Brand? Fresh Answers Here.
Submitted by Odia Kagan, Partner & Chair of GDPR Compliance and International Privacy.
Does the EU General Data Protection Regulation (GDPR) apply to my brand? This is a question
Continue Reading Does GDPR Apply to Your Brand? Fresh Answers Here.
Are You Doing the Right Due Diligence as You Grow Your System?
In our last post, we examined some of the types of risk that come with growth. In this post, we discuss some forms of diligence that may be used to
Continue Reading Are You Doing the Right Due Diligence as You Grow Your System?