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Franchisor's Termination Proper After Series of Default Notices
The U.S. District Court for the Southern District of Ohio addressed several issues important to franchisors and their legal counsel last month in Burda v. Wendy's Int'l, Inc., Bus. Franchise Guide (CCH) ' 14,908 (S.D. Ohio Oct. 9, 2012). First, the federal court tackled the issue of whether a franchisor could properly terminate a franchise after providing numerous notices of default over a series of several months, but then terminating the franchise prior to the contractual 30-day cure period set forth in the franchisor's last notice of default. The federal court also addressed whether a franchisee's claims may be dismissed if the franchisee executed a general release during the course of the franchise relationship.
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
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.
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.
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.
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.