Franchise & Distribution Law Update - October/November 2008
Larkin Hoffman Successfully Assists Anytime Fitness in Enforcing Noncompete Provisions in Minnesota District Court
Most franchise agreements contain covenants not to compete, by which the franchisee agrees not to compete against the franchise system it is entering, both during the term of the franchise and for a specified period of time following termination of the agreement. These clauses are important to franchisors, as franchisors spend much time and expense training franchisees and assisting in the establishment of their business, and noncompete provisions allow franchisors to protect this investment. Additionally, a franchisee that continues to operate a similar business after the term of the agreement would then be competing with any new franchisee in the area.
Anatomy of the Sale of a Brand," and Cyndi Klaus will speak on "Vicarious Liability" at the Annual Forum.
For more information contact Joe Fittante, 952-896-3256.
This alert is provided as a service to our clients and firm associates. While the information provided in this publication is believed to be accurate, it is general in nature and should not be construed as legal advice.
For more information about Larkin Hoffman’s Franchise and Distribution practice group, visit our homepage by clicking here.
Contact our Larkin Hoffman Franchise and Distribution group members:
Cynthia M. Klaus
Pamela N Merkle
Meredith A Bauer
Andrew F Perrin
Edward J Driscoll