The Franchise Memorandum
A federal court in Texas has granted summary judgment in favor of Budget Rent-A-Car Corp., finding that Budget did not breach its license agreements with the plaintiff franchisees when Budget’s sister company, Avis Rent A Car Systems, LLC, began operating Avis rental car locations in the franchisees’ exclusive territory. Sirrah Co., Inc. v. Budget Rent-A-Car Corp., 2009 WL 563654 (W.D. Tex. March 4, 2009). Budget became a subsidiary of Avis Budget Car Rental, LLC in an acquisition by Avis. That company is also the parent company of Avis.
The franchisees in this case executed two ...
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The Franchise Memorandum is a collection of postings on summaries of recent legal developments of interest to franchisors brought to you by Lathrop GPM LLP.
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