Article De Nationale Franchise Gids – Bankrupt because the franchisor refused to sell the franchise company – dated January 28, 2020 – mr. AW Dolphin
Can a franchisor refuse to sell a franchise business to a prospective buyer, even if it is a last resort for the franchisee? Can the franchisor then even file for bankruptcy of the franchisee?
A franchisor recently filed for the bankruptcy of its own franchisee due to payment arrears. The franchisee has argued twice that it found a potential buyer, but that the franchisor blocked the sale of the franchise business by refusing its consent. After all, the franchisee was prohibited from selling the franchise company without the prior written approval of the franchisor. With the intended sale, the franchisee could have made up the payment arrears with the franchisor
Click here for the entire article.
mr. AW Dolphijn – franchise lawyer
Ludwig & Van Dam franchise attorneys, franchise legal advice. Do you want to respond?
Go to dolphijn@ludwigvandam.nl
Other messages
Post non-compete clause in hard franchising
The summary proceedings judge of the Amsterdam District Court ...
Does an agreed rent indexation always apply?
Many entrepreneurs were confronted with a significant rent increase ...
Ludwig & Van Dam in Distrifood Magazine about the Franchise Act
Interview about the current obstacles for independent supermarket entrepreneurs and ...
No franchise agreement, but membership of a cooperative
In certain cases, agreements made in a franchise agreement may ...
Post prohibition of competition and transfer of the business to the life partner
A franchisee is a company. The franchisee and the private ...
Not a franchise agreement, but a general cooperation agreement
The Franchise Act offers franchisees various protective provisions. Earlier, the ...