What is involved in Holding Promissory Note?

I agree with the advice my colleagues have provided. You state "the franchisor has the rights to all the customers base." Doesn't that answer your...

I agree with my colleagues. Landlords don't want to pursue a worthless corporate shell, LLC or partnership if there is a default in the monthly...

First of all "home based" franchises are notorious for one thing - not making any serious money. Second, it's not just the initial investment to...

Do we qualify for Item 21 Franchise Disclosure phase-in exception after some owners bought out other owners in asset purchase?

More facts are needed, but you may qualify for the use of unaudited financials in non-registration states. As a practical matter, many franchise...

Can a franchiser advise (enforce) a franchisee to clear payment for services ?

As my colleague correctly points out, the Franchisor is not likely liable, but is in a good position to bring pressure to bear on the franchisee...

Legalities involved in starting a franchise of a company abroad

There are numerous ways of "investing" in a foreign company to franchise in the U.S. Equity, becoming a sub-franchisor or area development rights...

If i download an Federal Disclosure Document from a franchise does that bind me to a non-compete clause?

Downloading the FDD does not bind you to anything. You need to have the FDD in hand for a minimum of 14 calendar days before the franchisor can...

Can i sue a franchise for not telling me their rules or regulations beforehand?

You could sue McDonalds; the bigger issue is whether or not you would prevail. Based on what you've stated, and the fact you would be going up...

Is this enough to get me out of my franchise agreement?

Many franchisees, like yourself, want "out" of their franchise agreements after they realize the dynamics of a franchise relationship are not what...

Misled by Franchisor

As a <franchise attorney who has actually walked the walk, owning and operating a very successful franchise, and a court-accepted, testifying ...