Readers may remember the book and movie The Perfect Storm in which a confluence of dynamic weather events produces a monstrous Atlantic storm that sinks a fishing boat and causes other havoc on the high seas....more
On November 22, 2016, the Small Business Administration released SOP 50 10 5(I) (the "SOP"), which is administrative speak for new standard operating procedures affecting loans to businesses involved in franchising. The...more
The California State Assembly saw the seventh amended version of proposed changes to the California Franchise Relationship Act (CFRA) introduced August 17, 2015. This amendment is the product of industry negotiations that...more
For our readers who did not attend the early May International Franchise Association Legal Symposium held in Washington, we pass along these observations...more