Speakers: Jason Bauman, Associate General Counsel, Franchising, Planet Fitness; Richard Morey, CFE, Partner, DLA Piper LLP (US); Will Woods, Partner, Baker & McKenzie LLP
Paper Presentation
This session will examine the pros and cons of large PE-backed multi-unit franchisees within a franchise system and will explore how their presence can change dynamics within the franchise system. The session will also provide practical guidance for counsel working on transactions between franchisors and PE-backed multi-unit franchisees and explore, among other things, contractual terms that require special attention and negotiation and best practices for addressing issues when difficulties arise that challenge the relationship.