Presented by: Todd Greenbloom, Blaney McMurtry LLP
Presentation Date: Wednesday, April 19, 2017
Cost: Complimentary for CFA members | $79 non-members
Termination is not always the answer. Alternatives other than termination would be set out including ways of rehabilitating the location so that the existing franchisee can sell the location or be in a position to operate profitably; if the problems are temporary finding ways to minimize loss until the problem corrects itself including options for interim management.
Consider the factors for when an alternative to termination is appropriate and factors which alternative is appropriate. Deal with provisions to be included into agreements to give the franchisor flexibility to be able to use alternative measures. Consider ways of implementing an alternative solution in the absence of an authorizing section in the agreement.