Commercial Lease Issues
Challenge: A franchisee/tenant signed a commercial lease that included specificlandlord improvements that must be performed before the landlord delivered possessionof the space to the tenant. The tenant would not perform the tenant’s initial build-out ofthe space until after the landlord’s improvements were completed. Thefranchisee/tenant notified Holden Law that the landlord attempted to deliver the spacewith […]
Franchise Agreement Review
Challenge: A first-time franchisee wanted to know whether there was anything unusualin her franchise agreement for a new restaurant concept. The Franchise Agreement isapproximately 60 pages, and the franchisee was overwhelmed. The franchisee wasscheduled to attend a Discovery Day for the franchise system the following week. Shewanted to understand the terms of the franchise agreement […]
Acquisition of Business
Challenge: Before hiring Holden Law, a client signed a Letter of Intent (“LOI”) topurchase an existing business. After performing due diligence and reviewing thebusiness’s financials and tax returns, the client decided not to proceed with the salebecause the facts did not align with the seller’s original representations. The sellerrefused to return the client’s deposit if […]