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Considerations in terminating an insolvent franchisee
- Wiley Rein LLP
- -
- USA
- -
- November 2 2010
In addition to the cases discussed in "Considerations in Terminating an Insolvent Franchisee" in the June 24, 2010, Franchise Alert, two recently reported decisions have looked at franchisor attempts to gain relief from bankruptcy stays in order to enforce post-termination provisions
Considerations in terminating an insolvent franchisee
- Wiley Rein LLP
- -
- USA
- -
- June 24 2010
During the current economic downturn, a number of financially distressed franchisees either have filed or may file for bankruptcy protection to restructure their financial obligations
