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Franchise Agreements Franchisors North American Securities Administrators Association

Foley & Lardner LLP

Navigating Non-Compete Agreements: Key Considerations for In-House Counsel in Franchise Businesses

Foley & Lardner LLP on

In May of last year, the Federal Trade Commission (FTC) sought to ban non-compete agreements in most employment contracts. Franchise agreements were an exception. However, before the rule could take effect in September, a...more

Lewitt Hackman

NASAA Guidance for Franchise Non-Competes

Lewitt Hackman on

Last May, the Federal Trade Commission looked to ban non-compete agreements in most employment contracts aside from franchise agreements. Although scheduled to become effective in September, a federal court vacated the ruling...more

Lathrop GPM

NASAA Adopts Franchise Acknowledgment Policy That is Harmful to Franchisors

Lathrop GPM on

​​​​​​​On September 18, the North American Securities Administrators Association (NASAA) adopted a Statement of Policy banning most acknowledgments and compliance questionnaires used by franchisors in the franchise sales...more

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