September 10, 2020 | Publications

Item 19 During COVID-19

As we discussed in our recent post – franchisor’s face difficult questions about whether to amend their FDD to address the impact of COVID-19 on financial performance information. Cheng Cohen attorney Stuti Muraka delves into this topic in her recent article published in The Franchise Lawyer.  

“Franchisors that have a “reasonable basis” to support their FPR as of today, may not continue to have a reasonable basis a few months down the line. Therefore, franchisors will continue to face this unique challenge as they offer to sell franchises during and after COVID-19.”

Click here to download the article.  Reprinted (with permission) from The Franchise Lawyer, American Bar Association (Summer 2020)

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