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I will continue our series on topics discussed at the ABA Forum on Franchising by examining Franchisor Mergers and Acquisitions (M&A). As we learned at the ABA Forum on Franchising, sales and purchases of Franchise Systems are alive and well, even with the ongoing...
In October of 2020, the attorneys at attended the virtual American Bar Association Forum on Franchising’s annual franchise law seminar. Among the wide range of topics presented was a workshop on financial performance representations...
In October, the attorneys at attended the virtual American Bar Association Forum on Franchising’s annual franchise law seminar. A wide range of topics was discussed. We will be sharing some of what was discussed during the various...
Last week the attorneys at attended (virtually) the International Franchise Association’s Legal Symposium. The breakout session on Item 19 in 2020 and the state regulator session reinforced how proactive franchisors need to be this year. ...
Changes to the Indiana Franchise Law were recently passed and become effective on July 1, 2020. One of those changes is the addition of a duty on the part of the franchisor to file an amendment application and the amended Franchise Disclosure Document with the state...
The Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), signed into law on March 27, 2020, is meant to serve as a stimulus to individuals and businesses in response to the economic distress caused by the coronavirus (COVID-19) pandemic. Below is a...
The Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), signed into law on March 27, 2020, is meant to serve as a stimulus to individuals and businesses in response to the economic distress caused by the coronavirus (COVID-19) pandemic. Below is a...
Through the Small Business Administration (“SBA”) Following a request from the governor of the State of Illinois on March 17, 2020, the SBA declared a disaster for the entire state of Illinois and various contiguous counties in Iowa, Indiana, Kentucky, Missouri and...
Through the Small Business Administration (“SBA”) Following a request from the governor of the State of Illinois on March 17, 2020, the SBA declared a disaster for the entire state of Illinois and various contiguous counties in Iowa, Indiana, Kentucky, Missouri and Wisconsin. The declaration makes Illinois businesses impacted as a direct result of COVID-19 eligible to apply for Economic…
Earlier this week, we listened to a webinar sponsored by the American Bar Association Forum on Franchising on Franchising and COVID-19. While they obviously could not put forth any hard and fast rules about what franchisors should be doing during this crisis, they...