factual

Does the Aira Fitness franchise agreement specify that the arbitrator must not disregard the terms of the agreement?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

The arbitrators must follow the law and not disregard the terms of this Agreement.

Source: Item 23 — **RECEIPTS (FDD pages 59–254)

What This Means (2025 FDD)

According to the 2025 Aira Fitness Franchise Disclosure Document, any disputes arising from the franchise agreement will be settled through binding arbitration administered by the American Arbitration Association (AAA). The arbitration process is designed to be individual, explicitly prohibiting consolidated, common, or class action lawsuits. The arbitration will occur in the Chicago, Illinois metropolitan area.

The agreement specifies that the arbitrator is bound by the terms of the agreement and must follow the law. Additionally, the arbitrator must have a minimum of five years of experience in franchising or franchise law.

However, the arbitrator's authority is limited. They cannot stay the termination of the agreement, award punitive damages, certify a class action, or modify any lawful term of the agreement or any reasonable business performance standard set by Aira Fitness. The arbitrator's decision is final and binding, and a judgment can be entered in any court with jurisdiction.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.