Which rules govern the arbitration proceedings for Anago, according to the FDD?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
You acknowledge that the UNIT FRANCHISEE has, under the Unit Franchise Agreement, agreed to submit disputes to arbitration.
You agree that all disputes arising under or involving this Guaranty shall be submitted to arbitration as described in Section 18.11 of the Unit Franchise Agreement.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, disputes arising under the Guaranty will be submitted to arbitration as described in Section 18.11 of the Unit Franchise Agreement. This means that the specific rules and procedures governing the arbitration process are detailed within that section of the Unit Franchise Agreement, which is referenced but not fully described in this excerpt.
For a prospective Anago franchisee, this highlights the importance of carefully reviewing Section 18.11 of the Unit Franchise Agreement to understand the full scope of the arbitration process. This includes knowing the location of the arbitration, the selection process for arbitrators, the rules of evidence, and the potential costs involved.
Since the details of Section 18.11 are not provided in this excerpt, it is essential for potential franchisees to obtain and thoroughly examine the complete Unit Franchise Agreement. Understanding these arbitration terms is crucial, as it dictates how any future disputes with Anago will be resolved, potentially impacting both time and expenses.