Are we liable for damages and costs incurred by our vendor to collect any outstanding balance?

I agree 100% with my colleague. The language you quoted is quite typical and permissible. It is the only way the company can protect itself if you...

The duty to disclose bankruptcy of a director would only be relevant if the director is still involved in the franchise under the current ownership...

I agree with my colleagues and would strongly recommend you retain competent franchise counsel to advise you. You should definitely redisclose to...

If A Lawyer Fails To Answer A Question?

I think you can assume that he/she doesn't want you as a client. I would certainly be wary of an attorney that was not willing to answer your...

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Withhold a month rent

I assume that this is a commercial lease to which you are referring. If so, the terms of your rights to withhold rent are limited to the language...

Does a franchisor have to disclose all facts pertinent to a franchisee under SEC rules?

I think you are confusing the franchise disclosure requirements and the SEC disclosure requirements. Under the FTC, a franchisor must disclose to...

Do I have any rights if my signed franchise agreement is different than my verbal agreement with the franchisors?

The written agreement will likely govern the relationship with the franchisor as a general rule. However, if you were verbally given earnings...

How does my daughter get her business out of her name and give it to me for a dollar??

If there are assets that you acquired you should consider retaining counsel to prepare an Asset Puchase Agreement between you and your mother for...

I am a wedding photographer. A client booked me for her wedding. She now wants to cancel and is asking for her deposit back.

My advice, without seeing the contract or knowing all of the details, is to refund her money. It is not worth the bad feelings that a dispute with...

Business Name Includes Another's Trademark.

If your use of the name predates the other company's registration and use in your marketing area, then you actually have priority rights over the...

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