NO REFUNDS WHEN IT COMES TO CURRENCY EXCHANGE PROVISIONS IN FRANCHISE AGREEMENTS

NO REFUNDS WHEN IT COMES TO CURRENCY EXCHANGE PROVISIONS IN FRANCHISE AGREEMENTS

  Franchisors regularly use comprehensive provisions in their franchise agreements in an attempt to control how fees and other amounts payable to themselves and, in certain circumstances, their approved suppliers. When a franchisor decides to enter the international arena, the stakes are heightened and host of new issues such as withholding taxes, stamp duty, currency of payment and exchange controls can often times take center stage in the pre-sale negotiating

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