• Enforcement of Franchisee Releases
  • January 6, 2004 | Authors: Andrew F. Perrin; Genevieve A. Beck
  • Law Firm: Larkin Hoffman Daly & Lindgren Ltd. - Minneapolis Office
  • A franchisee has stopped paying its royalties. He is struggling, or just mad at his franchisor. Either way, he is pointing a finger at the franchisor, and demanding concessions. Perhaps the franchisor does not want to help. It agrees that if the franchisee brings his account current, it will rebate one-half of his royalty for marketing expenses or, alternatively, it will agree to allow the franchisee to transfer the franchise to a new location or to a third-party.