On November 13, 2015 we asked our clients and colleagues to take a short survey about their business outlook. Here are the results of that survey. Which best describes any change to your business over the past 12…
Appellate Court of Connecticut Affirms Termination of Subway Franchise and Remands For Calculation of Damages
In a decision issued November 17, 2015 the Appellate Court of Connecticut affirmed the decision of the Superior Court, that confirmed an arbitration award that terminated the franchisee’s Subway(tm) franchise, and remanded the case back to the lower court for…
Creditors Risk Equitable Adjustment of Claims if Overly Involved in Debtor’s Business Affairs
The court in In re Aida’s Paradise, LLC, 485 B.R. 806 (2013) has warned lenders not to become overly involved in a debtor’s business affairs, even if all of its actions are legally permissible. The court cited the Eastern District…