Corporate

Franchising

Franchisers and franchisees turn to Herrick for support in their domestic and international franchising matters.

We advise on a full range of issues including licensing of marks, developing and negotiating franchise agreements and other operative documents, sales and acquisitions, financing, securities and franchise law compliance, restrictive covenants and operational matters.

We frequently assist clients with setting up franchises abroad, and guide them through the many issues that can arise regarding franchise regulations, structuring operations to avoid U.S. franchise regulatory oversight, tax issues for cross-border transactions, master franchisee programs for the development of U.S. franchises in international territories and compensation programs for non-U.S. franchise operators.

Areas of Focus:

  • Licensing of marks
  • Franchise agreements
  • Franchise sales and acquisitions
  • Financing
  • Securities and franchise law compliance
  • Restrictive covenants
  • Employment concerns
  • Operational matters