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The Franchise Memorandum

The Franchise Memorandum

Posts in Successor Liability.

The United States Court of Appeals for the Third Circuit recently affirmed an order holding a franchisor liable for damages awarded against its predecessor in an arbitration proceeding brought by one of the predecessor's franchisees. Regis Corp. v. S. El Dorado Corp. (In re Trade Secret Inc.), 2015 U.S. App. LEXIS 9912 (3d Cir. June 10, 2015). Houston BW, Inc., the franchisee, had filed an arbitration action seeking to terminate its franchise agreements with the original franchisor, Trade Secret, Inc. Trade Secret then filed for bankruptcy, and its assets and liabilities were ...

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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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