Last June we blogged about a lawsuit that ended favorably for a franchisor. In Braatz, LLC v. Red Mango FC, LLC, the trial court determined that a franchisor did
Continue Reading Franchisor did not violate disclosure law, 5th Circuit agrees
FPR
Drafting Matters: Franchise agreement fells misrepresentation claim
A federal court in Minnesota recently dismissed a franchisee’s misrepresentation claims thanks to the franchisor’s carefully drafted franchise agreement.
Franchisee Moxie Venture L.L.C. (“Moxie”) brought suit against franchisor The UPS…
Continue Reading Drafting Matters: Franchise agreement fells misrepresentation claim
NASAA Releases Commentary on FDD Financial Performance Reps for Comment
Last week the NASAA Franchise and Business Opportunity Project Group released for public comment a Notice of Request for…
Continue Reading NASAA Releases Commentary on FDD Financial Performance Reps for Comment
Making SBA loans safer for franchisees…by mandating FPR’s?
Each time franchisors update their franchise disclosure documents (“FDD”), they have a choice: whether or not to include financial performance representations (“FPR”). A new bill introduced by Representative Keith Ellison …
Continue Reading Making SBA loans safer for franchisees…by mandating FPR’s?
The third party to your franchise agreement: Congress?
“It is the purpose of this Act to . . . govern franchise agreements . . . to the full extent consistent with the Constitution of the United States .
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Continue Reading The third party to your franchise agreement: Congress?
When Would a Franchisor Ever Want to Use a Supplemental FPR?
I continue with my sixth installment on Observations from the IFA Convention on the Ins and Outs of Financial Performance Representations (“FPRs”). Again, my thanks to Max Schott of Gray…
Continue Reading When Would a Franchisor Ever Want to Use a Supplemental FPR?
Directing Prospects to Existing Franchisees? (Then you need to read this.)
I continue with the fourth installment on Observations from the IFA Convention on the Ins and Outs of Financial Performance …
Continue Reading Directing Prospects to Existing Franchisees? (Then you need to read this.)
Preparing FPRs: Is Variety the Spice of Life?
We continue with the third installment on Observations from the IFA Convention on the Ins and Outs of Financial Performance …
Continue Reading Preparing FPRs: Is Variety the Spice of Life?
Are You Ready For Renewal Season?
Any company that has been franchising for longer than a couple years knows the basic routine to prepare for the upcoming renewal season. Indeed, we have previously addressed many of…