Key Practice Areas
A New Year, A New Renewal Agreement
Wednesday, May 9, 2018
Case Reference: 172555
The Situation: Our client was the franchisee of a national coffee shop in Queensland. The arrangement was approaching renewal and we were tasked with completing a comprehensive review of the franchise agreement, licence agreement and security deed.
After receiving copies of the documentation, we conducted a detailed review of the agreements. We addressed any concerns our client had in regards to the documentation and provided detailed advice regarding our client’s rights and obligations under the renewed franchised agreement, including development costs, franchise fees, weekly reporting obligations, insurances and special conditions.
We also ensured all declarations had been correctly completed and executed within the specified time-frames to ensure the franchise agreement did not expire.
The Result: Our client was provided with a detailed list of rights and obligations under the renewed documentation, allowing our client to make an informed decision regarding their renewal in a quick and efficient manner.
As every case is different, the cases reported here cannot be taken as an indication of a similar outcome being likely in your case, and these reports are not to be taken as legal advice about your particular situation.