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Franchisors whose business model involves physical locations for their units have certain specific interests and concerns relating to the leases entered into between their Franchisees and the Franchisees' landlords. Franchised locations, by virtue of being physical...
If you are considering the purchase of a franchise, what is the value in hiring a franchise attorney? Purchasing a franchise is an extensive, and sometimes overwhelming, process that covers business, financial and legal issues. Since a franchise is typically a...
When we assist prospective franchisees considering the purchase of a franchise, we review the Franchise Disclosure Document and Franchise Agreement. We want you to understand your legal obligations under the Franchise Agreement and other franchise requirements before...
Congratulations to our associate Alissa Verson on being elected to the Board of Directors of the DuPage County Bar Association. She will fill one of the Director positions designated for lawyers practicing seven years or less. Since becoming a licensed attorney in...
All franchisors and their legal counsel focus on the annual Franchise Disclosure Document update that must be completed within 120 days of the franchisor's fiscal year end. Typically, everyone is relieved that the project is done for the year. However, franchisors...
As we previously reported last year, on May 8, 2017, the North American Securities Administrators Association (NASAA) voted to adopt a Financial Performance Representation Commentary for franchises (FPR Commentary). The FPR Commentary supplements the 2008 Franchise...
A nonprofit disability rights organization filed a class-action lawsuit against Uber, claiming the ride-hailing service discriminates against New York City riders with disabilities by not providing enough access to vehicles that can accommodate wheelchairs. “Having...
It will soon be that time of year when we will be working with our franchisor clients to prepare the required year-end updates to their Franchise Disclosure Document and file state registration renewal applications. If you are a franchisor with a December 31 fiscal...
The Illinois Biometric Information Privacy Act has been in effect since 2008. There has been little awareness of this law until this year. Between July 2017 and October 2017, there have been at least 26 class action suits filed in the Illinois state courts by...
The Illinois Freedom to Work Act went into effect on January 1, 2017 (820 ILCS 90). The Act is said to have been passed in response to Jimmy John's requiring employees to sign non-compete agreements that restricted the employees from being employed at businesses...