7-Eleven's Development of a New Franchise Agreement: Critique of the Effort and Results ' Recommendations
October 05, 2005
The first two installments discussed how 7-Eleven, Inc. ("7-Eleven" or the "Company") planned for and developed a new franchise agreement to offer to all of its 3400 franchised stores in the United States. In this final article, we will critique the results by analyzing the final terms and discussing the principal issue that was not resolved to all parties' satisfaction. We will also discuss two important issues that must be resolved in any such undertaking and the Company's approach to them, as well as provide recommendations for future efforts of this nature.
Court Watch
October 05, 2005
Highlights of the latest franchising cases from around the country.
News Briefs
October 05, 2005
Highlights of the latest franchising news from around the country.
IP News
October 04, 2005
Highlights of the latest intellectual property news from around the country.
NTP v. RIM: Developments in Infringement Liability Where a Significant Component Is Located Outside the U.S.
October 04, 2005
Companies involved with technologies that use components located both within and outside the United States will be interested in a recent decision in the patent infringement action brought by NTP, Inc. ("NTP") against Research In Motion, Ltd. ("RIM"). In August 2005, the U.S. Court of Appeals for the Federal Circuit distinguished between infringement of "system" and "method" patent claims in "out of country" situations. The Federal Circuit held that if a component is located outside the United States, a <i>system claim</i> would be infringed if there is beneficial use of the patented system in the United States, while a <i>method claim</i> would not be infringed.
Ambush Marketing: Here to Stay?
October 04, 2005
Ambush marketing," a term coined by Jerry Wexler, manager of global marketing efforts for American Express in the 1980s, refers to the marketing activities of companies that manage to associate themselves, or their products or services, with high-profile events without paying to become an "official sponsor.
The Affect of Post-9/11 Construction and Insurance Practices on Landlords
October 04, 2005
The fourth anniversary of the 9/11 attacks reminded us that the mortal damage to the World Trade Center and adjacent buildings represented a level of destruction never experienced previously in the United States. Among other well-documented effects, the collapse of these structures gave rise to both hindsight and foresight among those who design, build, own and insure buildings. The disaster illustrated that even the tallest and apparently strongest of buildings are vulnerable, and even the deepest insurance reserves can be pumped dry. (The recent destruction caused by a natural disaster — Hurricane Katrina — further underscores this vulnerability.)
Retail Property Values and Land Use Regulation: Judicial Approaches to Measuring Diminution of Value and Legal Strategies to Redress Loss of Property Value
October 04, 2005
Landlords and tenants who want to understand judicial methods for measuring diminution of property value resulting from land use regulation must first understand the U.S. Supreme Court's takings jurisprudence. Of course, federal takings standards only set the "floor" of constitutional protection. State constitutions may set a higher level of constitutional protection. Although state courts may find a taking in situations where a federal court would not, their approaches to valuation generally mirror the various approaches taken by the federal courts. This two-part article will discuss several Supreme Court takings tests and offer some legal strategies for dealing with them.