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Your client gives you a call to let you know that his company just licensed its primary mark to a third party who will sell your client's products on the West Coast, including California and Arizona. Should you be happy for your client, or should a chill go up your spine? To answer these questions, you will need some additional factual information and a little knowledge about the laws of franchising. You (and your client) should be concerned that your client may unwittingly have just sold a franchise and become what is known in the franchise community as an “accidental franchisor.” Needless to say, this is not good news. Falling into this Venus Flytrap is easy to do, and can have severe negative consequences for your client.
Since the early 1970s, franchising has become a highly regulated means of distribution in two areas ' first, in the area of franchise sales; and second, in how the franchisor must behave once a franchise relationship has been established ' particularly in the areas of franchise terminations, non-renewals, franchise transfers, and in restricting franchisees in their rights to associate with other franchisees.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.