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The rapid rise of cryptocurrencies over the last twenty years has interjected havoc into the staid field of commercial law, one long regulated by the Uniform Commercial Code (“U.C.C.” or “UCC”). Naturally, many individuals and organizations started to count their stash of...
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Since 1978, dismissals of involuntary bankruptcy petitions due to petitioning creditors' bad faith have proliferated. In the process, a textual oddity has not gone unnoticed: even as “bad faith” is denominated as the basis for an award of punitive damages, nowhere in the Bankruptcy Code's...
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The rapid expansion of franchising requires that the courts, and the law in general, adapt to new circumstances … in Franchising” rule.Currently, remedies for disgruntled parties to franchise agreements are limited to those available …, legal remedies for bad faith in franchising agreements already exist. For example, at common law, tort damages may be …
Persistent link: https://www.econbiz.de/10013491635
Distilled to its most basic sense, § 363(k) has always given secured creditor the right “credit bid,” or to use, up to the full amount of the debt owed to the secured creditor by the debtor, as currency in any sale of the collateral securing the debt owed to that claimant under § 363(b)...
Persistent link: https://www.econbiz.de/10014358761
As of the a bankruptcy petition’s filing date (the “petition date”), § 362(a)(1) stays “the commencement or continuation ... of a judicial, administrative, or other action or proceeding against the debtor that was or could have been commenced before the commencement of the case under...
Persistent link: https://www.econbiz.de/10014343748
Franchising serves as one of the most popular forms of owning and operating a business. As the franchise model has ….Consumer surveys about the meaning of licensed trademarks, especially in franchising, and a review of 250 franchisor websites - both …
Persistent link: https://www.econbiz.de/10014243816
arising from issues related to franchise networkcreativity, transfers, and terminations, parties in a franchising … franchising context. Additionally, franchisors could alsobenefit from this variable royalty structure by incentivizing good …, the proposed variable royalty system intends to simultaneouslybalance power in the franchising relationship, bring …
Persistent link: https://www.econbiz.de/10013244169
This paper outlines a wide range of new protections extended to franchisees in Manitoba under The Franchises Act (2010). The act explicitly extends five key protections to individuals entering into franchise agreements with a franchisor, including the duty of fair dealing, the right to...
Persistent link: https://www.econbiz.de/10012913066