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Understanding and Reviewing Franchise Agreements, Part 1 & Part 2 (teleseminar)
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This program will provide you with a real world guide to the framework of franchise law, practical due diligence of franchise opportunities, and reviewing and negotiating the most important provisions of franchise agreements.

 Export to Your Calendar 10/18/2016 to 10/19/2016
When: 10/18/2016 - 10/19/2016
1:00 PM to 2:00 PM
Where: United States
Contact: (404) 521-0781


Online registration is available until: 10/18/2016
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One-hour CLE programs are just a phone call away
Convenient, affordable, timely and informative
 
An 800 number connects you to nationally recognized practice leaders who will speak on important issues and emerging trends in the law. You can also pose your own questions to the speakers. Written materials and other details are emailed in advance to pre-registrants.

 
Understanding and Reviewing Franchise Agreements, Part 1 &2, 2 CLE hours
  
1:00 p.m. E.T. each day(60 minutes)


Though franchises often seem to clients like vehicles to assured success, they are nonetheless risky ventures. The task for lawyers advising clients about franchises is to counsel them about setting reasonable expectations and help them understand the practical implications of the franchise agreement. This is no easy task because these agreements a complex arrangement of restrictions, fees, operational requirements, intellectual property protections and reporting periods.  But understanding how these agreements work – and the range of what’s negotiable and what’s not – is essential to client success.  This program will provide you with a real world guide to the framework of franchise law, practical due diligence of franchise opportunities, and reviewing and negotiating the most important provisions of franchise agreements.

Day 1 – October 18, 2016:

• How to read a franchise agreement – spotting key provisions and red flags
• Phases of franchise review – due diligence, negotiation of agreement, and lease work
• Setting and counseling clients about realistic franchise expectations 
• Practical guide to reading/understanding a Franchise Disclosure Document (FDD) 
• Framework of franchise law and relationship of federal/FTC regulations to state regulation

Day 2 – October 19, 2016:

• Review of major economic and non-economic provisions in franchise agreements
• Determining what’s truly negotiable – and what’s not
• Scope of territory – rights within in it and the opportunity to expand
• Tiers of fees, royalties and marketing expenses
• Operating standards and covenants – and negotiating for local modification
• Transfer and exit issues when a franchisee wants out 

Speakers:

H. Michael Drumm is the founder and member of a Drumm Law, LLC in Denver, Colorado, where he has an extensive franchise, trademark and business transactional practice.  He works with franchisors across industries nationwide helping them draft, file and renew their franchise Disclosure Documents and franchise agreements.  He has a specialty representing craft breweries to help them trademark their brands and protect their intellectual property. He has been repeatedly honored by Franchise Times magazine as a “Legal Eagle” and has been designated by the International Franchise Association as a “Certified Franchise Executive.”  Mr. Drumm received his BSBA from the University of Missouri-Columbia and his J.D. from the University of Texas School of Law.

 

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