Franchise Termination, please help

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Franchise Termination, please help

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paul@kahunadelights.com

Posted 8/21/2008 6:05:24 PM

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My franchise has just sent me a "Notice of Termination".

I was wondering if anyone else was put in this situation?

I am not really concerned about being terminated, it actually relieved a lot of stress. But my main concern is being responsible for Legal Fees incurred by the Franchisor, which they want me to pay. I am in contact with a lawyer, but just wanted some scenarios from any others.

Post #457

ipowered

Posted 3/22/2009 10:30:01 PM

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In general it most likely depends upon your Franchise Agreement. If your agreement was terminated for cause, then the agreement most likely invokes a provision that obligates you to pay the franchisor's legal fees. However, without reviewing your agreement this is only my personal opinion and may not be applicable to your situation. I would highly recommend having your attorney review your agreement; the answer is most likely spelled out in its terms.

Good luck,

Tom

Tom Bondon | President
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