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W-3: Picking a Poison Pill: Selecting, Enforcing, and Defending Against Liquidated Damages, Lost Profit Damages, and Damages Waivers [CC]
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W-3: Picking a Poison Pill: Selecting, Enforcing, and Defending Against Liquidated Damages, Lost Profit Damages, and Damages Waivers [CC]
Panel will address initial fall-out related to force majeure and extra-contractual defenses stemming from failures to perform.
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Closed Captioned.
Both franchisee and franchisor epect that a franchise will continue operating its franchised business throughout the term of its franchise agreement. Inevitably, some franchisees cease operating their franchises earlier, and sometimes franchisors terminate early for cause.
Franchisors often seek to recover damages resulting from early closure and may have different options available to them under the franchise agreement. This program will explore the differences in, and and pros and cons of liquidated damages provisions, express or implied rights to lost profitsas damages, general damages waivers, an other post-termination provisions of the franchise agreement that have financial ramifications for the parties at the end of the franchise relationship.
Product Details
Speakers
Sponsors
Product Code
FR2110W3PPPOLC
Duration
75
Publication Date
10/14/2021 12:00:00 AM
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