Why Termination Is Where Franchise Arbitration Gets Tested

Introduction : Most franchisors and franchisees never think about dispute resolution terms in their franchise contracts : as long as both sides are satisfied with the ongoing payments of royalties for the use of the franchisor’s trademark and observe all standards, renewals are signed, audits are made, and everything goes smoothly. Nevertheless, when the moment comes that one party wants to terminate the agreement as soon as possible while the other wants to prolong it as long as possible,...