A potential risk occurs when a franchisor is permitted to open a competing location right next to your franchise. This possible encroachment may be permittable depending on factors such as the language in your franchise agreement and governing state law. When your...
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What qualifies as good cause for franchise termination?
Whether and to what extent legal limits exist on when a franchisor can end a franchise agreement vary from state to state. For example, franchise relationships in Minnesota are subject to legal limits on when a franchisor can terminate the agreement. In Minnesota,...
Can you refuse to sign an updated franchise agreement upon renewal?
If you are faced with signing an updated franchise agreement at the time of renewal, you may feel like you are facing an impossible choice. Many franchisors present these documents as "take it or leave it," suggesting that your right to operate will simply expire if...
What remedies apply after misleading franchise recruitment?
Fraud or misrepresentation during franchise recruitment can leave you with losses that affect both your business and personal finances. Minnesota law gives franchisees several ways to respond when a franchisor makes misleading statements or hides key facts....
3 potential benefits of investing in additional franchise units
Buying into a franchise is an excellent way to become a business owner. Franchises help entrepreneurs with investment capital tap into demand for a specific brand’s goods or services. They can bring a popular company to a local audience. Once people are aware of the...
Should intellectual property matter to franchisees?
At its core, franchising involves the use of trademarks, trade secrets, and other forms of Intellectual property (IP). Franchisees are investing in a brand’s awareness, which often derives from name recognition, logos, slogans, and other trademarked items. Investors...
Important Update: Corporate Transparency Act (CTA)
On December 27, 2024, the U.S. Court of Appeals for the Fifth Circuit vacated the stay on a nationwide preliminary injunction in the ongoing Corporate Transparency Act (CTA) litigation. This decision effectively reinstates the injunction, thereby halting the...
Important Update: Nationwide Reinstatement of the Corporate Transparency Act (CTA)
On December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit reinstated the Corporate Transparency Act (CTA) compliance requirements by granting an emergency stay of a nationwide preliminary injunction. The injunction, issued earlier in December by the U.S....
Nationwide Injunction Halts Corporate Transparency Act (CTA)
On December 3, 2024, U.S. District Judge Amos Mazzant in Texas issued a nationwide injunction halting the enforcement of the Corporate Transparency Act (CTA). Prior to the injunction, the Corporate Transparency Act (CTA) would have required most U.S. corporations,...
Dady & Gardner, P.A. Partners listed in Who’s Who Legal’s Thought Leaders in 2024
Dady & Gardner, P.A. Partners listed in Who’s Who Legal’s Thought Leaders in 2024 We are thrilled to share the exceptional news that seven partners at Dady & Gardner, P.A., have been selected to Who’s Who Legal in the Franchising sector for 2024. This...
