Ted has focused his legal career on franchising. Prior to coming to Nexsen Pruet he spent 30 years managing the legal affairs of large global franchise systems including Meineke Car Care Centers, Inc., MAACO Auto Painting, and Econo Lube & Tune.
In his capacity as General Counsel of these iconic brands, he handled a variety of litigation and transactional matters including, landmark litigation matters defining the legal relationship between the franchisor and franchisee, and the ability of a franchisor to recover future royalties upon a franchisee's termination of their franchise agreement.
Ted also has handled a variety of transactional matters for these franchise systems including preparation and registration of all franchise disclosure documents, a variety of franchise related agreements, and managing the real estate portfolio for Meineke, MAACO, and Econo Lube.
He participated in a variety of financial transactions involving the purchase and sale of franchise system by both private equity groups and strategic purchasers.
Ted brings a very practical application to his franchise law practice. As the co-chairman of the Franchise Practice Group Ted focuses his efforts on transactional matters affecting both the franchisor and the franchisee. His practice includes working to bring new franchise concepts to market, while at the same time assisting franchisees to navigate the franchise relationship. He also works with private equity groups to assist them in their due diligence efforts in evaluating proposed purchases of franchise systems.
Outside Nexsen Pruet
Ted has been a life-long passionate tennis player, who now focuses this passion in playing senior singles USTA and ITF sanctioned tournament events in the US and Europe. He completed the 2012 senior season by being ranked 5th in the state of North Carolina and 112th in the United States in his age division.
Speaking & Writing
Related NewsNexsen Pruet Expands Franchise Practice in Charlotte; Veteran Attorney Ted Pearce Joins Firm
January 2, 2013
•Why Franchise Organizations Need Corporate Compliance Programs
February 7, 2014
•Charlotte Knight's Baseball Broadcast from Nexsen Pruet
April 29, 2014 Related EventsFranchise Legislation Update - June 2014
June 5, 2014
•Franchise Business Network: Financial Performance Representations
February 11, 2014
•2013 Ethics CLE Seminar for In-House Counsel
October 25, 2013
•The Basics of Franchising Law and Beyond
November 6, 2013
•Seminar: IFA Franchise Business Network
May 14, 2013 Related InsightsFranchising is Hot, But Not for Everyone: Before Considering - Ask Five Questions about Your Business
February 12, 2013
•Private Equity in International Franchising
January 14, 2013
•Survival of the Fittest: Why Do Some Franchise Systems Survive When Other Fail?
August 27, 2013
•The Orphaned Unit Franchisee
October 1, 2013
•Showdown in Harrisburg
November 5, 2013
•Ten Contract Provisions That a Prospective Franchisee Should Consider Before Signing a Franchise Agreement
February 10, 2014
•Growth, the Lifeblood of the Franchise System
June 20, 2013Overview
WritingBright Horizons in International Franchising: Encroachment Issues Around the World, Ted Pearce, Rocio Belda de Mergelina, Eric Karp, IBA/IFA 30th Annual Joint Conference, May 2014
•In Civil-Law Jurisdictions, Risk of Liability Begins with Negotiation, Ted Pearce and Guilles Menguy, The Franchise Lawyer, Winter 2014
•Le DIP americain: maquis corse ou jardin l'anglaise?; Ted Pearce and Gilles Menguy, L'Officiel de la Franchise, February 2014
•Why Franchise Organizations Need Corporate Compliance Programs; Ted Pearce and Will Terpening, Franchising World, January 2014
•Editor, Chapter 13,Common Law Doctrines;Franchising: Cases, Materials & Problems, 2013
•Franchising is Hot, but not for Everyone: Before Considering-Ask Five Questions.
•The Next Wave: Private Equity Funds in International Franchising;Ted Pearce, James Goodman, Giles Menguy, and Carolyn Vardi,International Journal of Franchising Law, reprinted from the IBA/IFA plenary session paper of the 29th Annual Joint Conference of the International Bar Association and the International Franchise Association, 2012
•Mergers and Acquisitions of Franchise Systems; Kevin Hein and Ted Pearce, Franchise Law Compliance Manual, American Bar Association Forum on Franchising 2011
•Post-Purchase Synergies: They Come in All Types; Franchising World, May 2008
•The Initial Interest Confusion Doctrine: A Powerful Protection Against Infringement;Franchise Law Journal, Volume 24, Number 4, Spring 2005 (Corby Anderson & Ted Pearce)
•The Antitrust Risks of Information Sharing;Franchise Law Journal, Volume 23, #1 summer 2003 (Corby Anderson & Ted Pearce)
•Covenants Against Competition in Franchise Agreements - North Carolina; Second Edition, American Bar Association Forum on Franchising, 2003, Peter Klarfeld Editor
•Courts Determine if Operations Manuals are Friend or Foe to Franchisor; Leader's Franchising Business & Law Alert, Volume 8, Number 4, January 2002
•How Much Control is Enough;Leader's Franchising Business & Law Alert, Volume 6, No. 11, August 2000.
•The Enforcement of Post Termination Remedies in the Franchise Contract; 24 OKLA City, University L. Rev 8 (1999)
•Getting Royalties When Franchisee Repudiates; Leader's Franchising Business & Law Alert; Volume 1, number 5, Feb. 1995.
PresentationsMaking the Business Case for Franchise Standards Beyond Because I Said So,47th Annual IFA Legal Symposium, Chicago, IL, May 2014
•Choosing the Jurisdiction: Analyzing the Main Options through the Experience of a Civil Law and Two Common Law Lawyers, Ted Pearce, Marco Hero and Jeffrey Brimer; International Distribution Institute; Munich, Germany, June 2013
•Franchise Special Interest Group - International Council of Shopping Centers, Facilitator - Ted Pearce; Charlotte, NC, March 2013
•Expansion Alternatives in International Franchising,Ted Pearce, Rocio Belda, and John Chambers; Joint Conference of the International Bar Association and the International Franchise Association, 2010
•Practical Guide to Franchise Audit and Compliance Investigation; Ted Pearce, Fiona Burke, and Robert Zisk; American Bar Association Forum on Franchising Symposium 2005
•Supply and Distribution Issues, Ted Pearce,Steve Feirman, Eric Yaffee; International Franchise Association Legal Symposium 2004
•Collective Bargaining and the Franchise Agreement;Ted Pearce and Rupert Barkoff; American Bar Association Forum on Franchising 2001
•A Critical Look at Alternate Dispute Resolution;Ted Pearce, Ronald Gardner, and Robert Zisk,International Franchise Association Legal Symposium 2000
•Problems of System wide Interdependence; Ted Pearce and Joyce Kornbluh; American Bar Association Forum on Franchising 1996
•Franchise Disclosure and Registration in the 1990s;Ted Pearce and Richard Glass; American Bar Association Forum on Franchising 1992