What is the citation for the federal bankruptcy law mentioned in the Amorino franchise agreement amendment?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
Accordingly, except for a transfer to a Business Entity owned by you in the manner described in Section 15.C, you may not assign or transfer this Agreement or any rights or obligations under this Agreement, whether in whole or in part, voluntarily or involuntarily, by operation of law (including as a result of bankruptcy, divorce, death or disability).
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
Based on the 2025 Amorino Franchise Disclosure Document, the franchise agreement addresses the possibility of transfer due to bankruptcy. Specifically, it states that a franchisee cannot assign or transfer the agreement due to bankruptcy. The document does not provide a specific citation to the U.S. federal bankruptcy law. A prospective franchisee should consult with a legal professional to understand their rights and obligations under federal bankruptcy law as it relates to the franchise agreement.