Franchisees facing financial hardship should consider bankruptcy as a potential business restructuring solution – not the only option for solving their economic woes. A Chapter 11 bankruptcy raises myriad contract issues, from those covering service obligations and IP rights to leases for equipment and real property.

In this 11-minute podcast episode of a two-part series, franchise law attorney John Gotaskie breaks down the limitations, risks and complexities behind a franchisee’s decision on whether to pursue bankruptcy.

If you prefer to download the transcript, click here.