Could North Korea (officially, the Democratic People’s Republic of Korea) actually become Northeast Asia’s next big free market economy? At first blush, economic optimism about the Hermit Kingdom seems incredibly misplaced. North Korea is one of the most repressive countries in the world;...

The protection afforded to franchisees differs widely across the world. Nations with economically strong franchise sectors typically regulate the contract’s bargaining phase and post-formation. Responding to the European Parliament’s call for a review of regulations governing Europe’s...

This Article reviews history and jurisprudence in order to examine American Magna Carta case law on due process, juries, and punishment. It details the treatment and impact of the Magna Carta in English history and the American colonies. The past of the Magna Carta is taken to the present: The...

This Article presents YUM! Brands, Inc. disclosure information and presents valuable insight into the risks of starting a business that shares intellectual property with another party. YUM! is the parent of entities such as KFC, Pizza Hut, and Taco Bell with locations around the world. YUM! is...

The franchisee-franchisor relationship has often been referred to as the little guy against the big guy. Franchising may encompass the seemingly innocuous defining characteristics of distribution, know-how, brand identification, profits, risk, independence, control, and standards, but there is...

Franchising is a system of marketing and distribution where an independent businessperson, the franchisee, is granted the right to market the goods and services of another, the franchisor. As a vehicle for entrepreneurship and investment, franchising allows for efficient expansion of good...

Since its inception, franchising has proven to be a very popular business model. It is easy to see why. Franchising provides a method for businesses to expand quickly and inexpensively into various markets. A business accomplishes this task by licensing its name and trademark as well as selling...

Commentary, case law, and business practices all indicate the need for consumers to recognize a franchisee's independence and to understand the basic legal implications thereof. These consumers should know with whom they are dealing and what that means for the prospective liability of...

For many years, the rise in number of international units operated by U.S. franchisors has outpaced domestic growth. As the trend toward globalization accelerates, franchise owners must determine the most effective methods to protect their intellectual property rights wherever they do business....