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Represented principals of a franchisor that filed a Chapter 11 bankruptcy case in New Jersey. A favorable settlement was achieved.
Represented a franchisor in four jointly administered Chapter 11 bankruptcy cases in Maryland involving 18 franchised units.
Represented a franchisor in Chapter 11 bankruptcy case in Georgia involving multiple franchised locations in Georgia and North Carolina. The bankruptcy case was dismissed with the franchisor receiving more than US$1 million.
Represented a franchisor in a landlord/tenant dispute regarding a franchisor operated unit in Manhattan resulting in the assignment of the lease to the franchisee.
Represented a franchisor in a transaction involving the sale of franchisor operated studios in the United States in exchange for franchisee operated studios in the United Kingdom.
Represented franchisors in loan, lease, and franchise agreement restructurings (100-plus units).
Represented a secured creditor in a bankruptcy case involving a multi-unit franchisee (50 units in Southeast and Mid-Atlantic).
Represented a franchisor in a Chapter 11 bankruptcy case of a franchisee in Arizona. The case resulted in the sale of the hotel, termination of the franchise agreement, and payment of outstanding fees and obligations.
Represented a franchisor in a US$1.4-plus million loan and franchise agreement with a California franchisor.
Represented a franchisor in a Florida Chapter 11 bankruptcy case of the franchisee. The case resulted in the sale of property, the termination of the franchise agreement, and the collection of rejection damages via litigation of claim objection.
Represented a hotel franchisor in a West Virginia Chapter 11 bankruptcy case of a multi-unit franchisee.
Represented a franchisor in a California Chapter 11 bankruptcy case of the franchisee. The case resulted in the sale and retention of the system unit, including payment of outstanding fees and obligations.
Represented a franchisor in jointly administered bankruptcy cases of four franchisees in Georgia. A joint plan of reorganization was confirmed with the franchisor support, defaults cured, and franchise agreements assumed.
Represented a franchisor regarding the restructuring of franchise and loan agreements with multi-unit franchisees (Pennsylvania, West Virginia, and Ohio).
Represented a franchisor in a transaction involving the restructuring of franchise and loan agreements involving a California franchisee.
Represented a franchisor in Texas litigation regarding the breach of franchise agreement concerning a New York franchisee. The litigation was resolved via a settlement agreement wherein the client received US$1.59 million.
Represented a franchisor in New Jersey litigation regarding breach of a management and loan agreement. The litigation was resolved via a settlement agreement wherein the client received US$6.2 million.
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