On Sept. 24, 2024, California Gov. Gavin Newsom signed Senate Bill 919, the California Franchise Broker Law, into law. Officially titled the “Franchise Investment Law: Franchise Brokers,” the California Franchise Broker Law...more
3/4/2025
/ Broker-Dealer ,
California ,
Compliance ,
Disclosure Requirements ,
Franchise Agreements ,
Franchisors ,
Investment ,
New Legislation ,
Regulatory Requirements ,
Risk Management ,
State and Local Government
While 2024 saw more stability in the financial markets than 2023, many challenges arose in 2024 for franchised businesses, manufacturers and retail chains, including bankruptcies of many large restaurant and retail chains,...more
2/18/2025
/ Acquisitions ,
Bankruptcy Court ,
Chapter 11 ,
Corporate Restructuring ,
Franchise Agreements ,
Franchisee ,
Franchises ,
Franchisors ,
Mergers ,
Misclassification ,
Non-Compete Agreements ,
Private Equity ,
Regulatory Requirements ,
Retailers ,
Supply Chain
Last year saw non-compete agreements come under repeated scrutiny from the Federal Trade Commission. On April 23, 2024, the FTC issued a final rule banning non-compete agreements in most employment contracts....more
2/17/2025
/ Compliance ,
Employment Contract ,
Federal Trade Commission (FTC) ,
Final Rules ,
Franchise Agreements ,
Franchises ,
NASAA ,
New Guidance ,
Non-Compete Agreements ,
Regulatory Requirements ,
Restrictive Covenants
As reported on July 3 by the Polsinelli Labor & Employment practice group alert, by order dated July 3, 2024 the Northern District of Texas granted a preliminary injunction preventing the Federal Trade Commission (FTC) from...more
On Friday, March 10, 2023, the Federal Trade Commission issued a Request for Information (“RFI”) soliciting public comments on various issues pertaining to the franchisor-franchisee relationship, including franchisor supply...more
3/20/2023
/ Federal Trade Commission (FTC) ,
Franchise Agreements ,
Franchisee ,
Franchises ,
Franchisors ,
FTC Franchise Rule ,
Public Comment ,
Regulatory Agenda ,
Request For Information ,
Rulemaking Process ,
Unfair or Deceptive Trade Practices
Franchise agreements often contain provisions prohibiting the franchisee from soliciting or hiring workers employed by the franchisor or other franchisees. Such “anti-poaching” agreements have recently come under increased...more