January 2016

Franchisor's Corporate Store Owner Achieved Negotiated Dismissal with Prejudice on Breach of Contract Claims

United States - Florida

The corporate store owner in a restaurant franchise system, an affiliate of the franchisor, defended against a lawsuit in federal court in Florida alleging that the store owner breached an asset purchase agreement to acquire 12 previously-franchised stores. Faegre Baker Daniels represented the corporate store owner in this litigation.

The corporate store owner aggressively counterclaimed that the seller breached representations, warranties, and covenants in the asset purchase agreement and breached indemnification obligations. FaegreBD guided the client through early stages of litigation and a business resolution of the dispute.

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