Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Arbitration : A Chance to Hear and to be Heard

Many business ventures run into rough weather for a host of reasons and in such situations, Disputes arise. It can be resolved amicably through discussions, or if any of the parties are not satisfied with the outcome, legal remedy can be sought. The objectives of legal remedy can also be met through arbitration.

Franchises and possible problems

A franchise set up is a profitable venture for all the stakeholders involved. However, there could be problems such as under performance of the brand or the Franchisee or simply a locational disadvantage. Misrepresentation, either on the part of the franchisor or franchisee and breach of terms of the contract are also some of the reasons frequently encountered in such business models.

Disputes resolution – legal and quasi legal

It is precisely in such situations that the services of an International Franchise Disputes lawyer can be utilised effectively. Though the option of moving a court of law to address the disputes is available, the party or parties aggrieved can utilise the services of an arbitrator before moving a court of law. Companies contracted as Master Franchisee would do well to analyse the market, and use the services of a reputed lawyer to read and suggest changes in a franchise agreement, and prevent situations that lead to disputes.

Services that legal eagles offer

International Franchise Disputes lawyers help clients to avoid disputes by drawing up elaborate pre-contractual disclosure documents, conducting audits, suggesting measures to avoid risk due to misrepresentation and breach of contractual claims. Trained lawyers are able to read the finer points of the agreement and foresee their possible ramifications in future and advice the client accordingly. Mediation is the first option available to obtain relief. Franchises operating on the Master Franchisee model need to ensure that their business interests are protected by incorporating clauses so that trivial problems are sorted through mediation without having to approach a court of law.




This post first appeared on Master Franchisees: Benefits You Must Consider – Franchiselawus, please read the originial post: here

Share the post

Arbitration : A Chance to Hear and to be Heard

×

Subscribe to Master Franchisees: Benefits You Must Consider – Franchiselawus

Get updates delivered right to your inbox!

Thank you for your subscription

×