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News Briefs
Quiznos Turns Up the Heat on Disgruntled Franchisees
Quiznos has terminated the contracts of eight of the 10 franchisees who sit on the board of the Toasted Subs Franchisee Association ('TSFA'), significantly ratcheting up the ill will that has developed between a small number of franchisees and the company. The termination notifications follow TSFA's decision in December to publish an alleged suicide note written by franchisee Baber Vhupin-der, who killed himself in late November. In the note, Vhupinder blames financial troubles with his Quiznos restaurant and an ensuing lawsuit for his despair.
'Quiznos has elected to exercise its contractual right to terminate for grave and material breach of the franchise agreement,' said Fredric Cohen, DLA Piper US LLP (Chicago), who represents Quiznos. Publishing the alleged suicide note brings significant harm to the Quiznos brand and franchise, he added.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.
The Anti-Assignment Override Provisions
UCC Sections 9406(d) and 9408(a) are one of the most powerful, yet least understood, sections of the Uniform Commercial Code. On their face, they appear to override anti-assignment provisions in agreements that would limit the grant of a security interest. But do these sections really work?