Topic: | Re:Re:Re:Re:Re:Re:Re:Re:definition of a doris.... | |
Posted by: | Mark Talbot | |
Date/Time: | 19/06/15 14:58:00 |
If the franchisee defaults the responsibility falls back onto the franchisor so the franchisor's solicitor should ensure the commercial lease terms are such that they would be happy with it in such eventuality. I would therefore not be surprised if a franchisee relied upon this for reasons stated in my original email. I don't know much about your specific circumstances nor the franchisee's so won't pontificate on the same, but was merely pointing out the situation you laid out is not strictly speaking a conflict of interest. The analogy with the residential example is not the same as there would not already be a legal agreement between the parties a la a franchise agreement. But hey what do I know I've only been dealing in Commercial Property for over 25 years; retail not industrial and including circa 25 deals with Subway. |