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Offit Kurman

Understanding the FDD and Franchise Agreement Before You Invest

Offit Kurman on

Franchise Agreements are typically drafted by the franchisor and presented on a “take it or leave it” basis. These contracts often impose strict controls over how you operate your business — from approved vendors and...more

Seyfarth Shaw LLP

What to Know About Recourse Carve-Outs in the Age of COVID-19

Seyfarth Shaw LLP on

In this challenging and rapidly changing environment, real estate players are dealing with the effects of COVID-19 on real property operations in real time. As they make decisions at an accelerated pace, they should bear in...more

Farrell Fritz, P.C.

Permitted Transferees: What a Commercial Tenant Needs to Know When Negotiating the Assignment Clause

Farrell Fritz, P.C. on

What is the Assignment Clause and When is it Triggered? Every commercial lease contains an assignment provision that lays out the landlord’s and the tenant’s rights and obligations in the event that the tenant seeks to...more

Snell & Wilmer

Franchisors Should Consider Signing a Conditional Lease Assignment Rather Than a Franchisee’s Lease

Snell & Wilmer on

In Franchise & High Properties, LLC v. Happy’s Franchise, LLC, a 2015 decision issued by the Court of Appeals in Michigan, the franchisor, Happy’s Pizza Franchise, LLC, signed a five-year lease for the commercial space to be...more

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