Franchisor 101: Court Delivers Pizza Franchisor Liquidated Damages
By EsqSocial Corporation 26/02/21
The Sixth Circuit Court of Appeals recently affirmed a $2.6 million award of liquidated damages in favor of a pizza franchisor and a summary judgment order enforcing termination of franchise agreements due to nonpayment and other franchisee defaults. The franchisees ran Little Caesars franchises in multiple states. The franchisees stopped making timely royalty payments and violated other franchise agreement provisions. Little Caesars sent the franchisees default notices for not paying on time,...
By: Lewitt Hackman