by Akanksha Ranjan August 7, 2022

Franchisee and franchisor reviewing the franchise agreement and discussing termination of the franchise agreement

Complete Guide on Termination of the Franchise Agreement

Introduction Franchise Agreements are legally binding agreements. For example, X Ltd. is very famous for its pizza. They will provide their name and recipe to different outlets to grow their businesses and operate in other areas, countries, or worldwide. This arrangement requires the franchisor and franchisee to sign a franchise agreement that secures their rights and liabilities. Following the signing of a franchise agreement, it is essential to determine how to ...

by Swetalika Das July 30, 2022

Commercial and Business Law

Contractual Implications of a Franchise Agreement and Force Majeure

Table of ContentsIntroductionFranchisor, Franchisee, and Franchise Agreement: What are they?FranchisorFranchiseeFranchising AgreementWhat are the Contractual Implications of a Franchise? What is Force Majeure?What is the Impact of Force Majeure on Franchise Contracts?Conclusion "As a franchisor, I need to receive the royalties from the franchisee as per the franchise contract. However, when the recent pandemic occurred, the franchisee refused to pay the royalties and claimed that the situation fell under the clause "force ...