Putting the Puzzle Together: Bankruptcy Issues Facing Franchisors

December 3, 2020 at 12:00pm
Fox Rothschild LLP

As the COVID-19 pandemic continues, some franchises may face bankruptcy. But what factors should a business consider in deciding whether to reorganize or liquidate? What does the process look like? How can franchisors protect their interests?

Join Fox Franchising & Distribution Practice Co-Chair Craig R. Tractenberg and Financial Restructuring & Bankruptcy Partner Keith C. Owens for a comprehensive review of the elements of bankruptcy and ways franchisors can best handle the process.

Topics will include:

  • Warning signs to identify a distressed franchisee
  • Franchise agreement drafting to mitigate the risk of a franchisee bankruptcy
  • Maximizing leverage prior to a franchisee bankruptcy
  • Workout strategies to avoid bankruptcy
  • Strategy and remedies available to franchisors in a franchisee bankruptcy
  • Franchisee’s remedies when the franchisor files bankruptcy
  • Bankruptcy sales involving franchise businesses
  • Bankruptcy alternatives