Disappearing Franchisors

Mergers, Insolvency or Market Withdrawal

Carmen D. Caruso was invited to speak at the American Bar Association Forum on Franchising on the subject “Disappearing Franchisors” – what happens when franchisors disappear by merger, insolvency or market withdrawal.

In practice, Carmen has represented franchisees in the case of franchisor bankruptcy, obtaining substantially better franchise terms for his clients and successfully resolving claims against his clients for unpaid royalties. Carmen has also advised franchisees facing merger situations (in the real estate brokerage and retail pharmacy fields) and market withdrawals (automobile dealerships and gasoline stations).

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