News Briefs
June 26, 2008
The latest news from the franchising world.
Court Watch
June 26, 2008
Recent rulings of interest to you and your practice.
Franchisor's Non-Compete Upheld In New Jersey
June 26, 2008
A franchisor of tax preparation franchises was entitled to a 24-month injunction beginning from the time of the former franchisee's compliance with a non-competition covenant. <i>Jackson Hewitt Inc. v. Childress</i>, Bus. Franchise Guide (CCH) ' 13,849 (D. N.J., Jan. 22, 2008). The permanent injunction was ordered when the court granted the plaintiff franchisor's motion for summary judgment.
FTC Releases Franchise Rule Compliance Guides
June 26, 2008
Perhaps you've heard: On Jan. 23, 2007, the Federal Trade Commission adopted the comprehensively revised FTC Franchise Rule ('The Amended Rule') and released the 'Statement of Basis and Purpose' ('SBP'), which clarified the Amended Rule's requirements and prohibitions. Compliance with the Amended Rule has been optional since July 1, 2007, and became mandatory on July 1, 2008.
<i><b>Product Review</b></i> JD Supra Seeks to Revolutionize Online Content for Lawyers
June 26, 2008
As summer associates struggle to answer obscure research questions over the next couple of months, and when their predecessors start full time this fall, they may find an answer to their late-night prayers in JD Supra, a new online service that offers completely free access (with registration) to a variety of documents, including legal memoranda, briefs and unpublished court decisions.
How to Increase Your Odds of Project Success Through the RFP Process
June 26, 2008
Are you among the majority of IT professionals who view the Request for Proposal ('RFP') as the most tedious business document ever created? The RFP itself is fairly standardized, but the process of collecting information and evaluating vendors is time-consuming and uninspiring. While there are any number of thick manuals that describe the best practices for an RFP process, this article may shed light on some 'quick wins' that will enable you to boost the efficiency of your RFP process.
Ensuring Security with VoIP
June 26, 2008
Among U.S. businesses, Voice over Internet Protocol ('VoIP') is growing in popularity and will continue to do so. In-Stat predicts that two-thirds of U.S. businesses will have some form of VoIP service by 2011. When deciding to use this powerful technology, organizations should look for VoIP providers that offer specific security measures within their product to ensure that the technology is used most effectively ' and virtually without any security concerns.
A Commercial Landlord's Rights in Bankruptcy
June 26, 2008
Having a tenant in bankruptcy can be one of the most frustrating ' and costly ' experiences that a commercial landlord endures. This article presents the landlord's various options, explore its options and provide guidance on protections and rights that landlords possess.
LIBOR and Bankruptcy in the Current Market
June 26, 2008
Distressed companies and those in bankruptcy nearly always require some amount of loans to fund their recovery, exit from bankruptcy, or sale. What happens when those loans are not available, too expensive, or too risky in the eyes of the capital market? Combine that with volatility in The London Interbank Offer Rate, 'LIBOR,' the rate at which money is lent to other banks, and the terms, in particular, interest rates, that are offered to these distressed borrowers, are constantly in change.
