What happens if the parties cannot agree on a single arbitrator for B Bops?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
In the event the parties are unable to agree upon a single arbitrator, each party shall select one arbitrator and the two arbitrators so selected shall in turn select a third arbitrator and the arbitration proceeding shall be heard before the three person panel.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, if the parties cannot agree on a single arbitrator, the process involves each party selecting one arbitrator. Then, the two arbitrators who were selected will choose a third arbitrator. The arbitration proceeding will then be heard before this three-person panel.
This process ensures that neither party has an advantage in selecting the arbitrator. By having each side choose an arbitrator, and then those two arbitrators jointly selecting a third, it promotes a more balanced and impartial panel. This is a common approach in arbitration to mitigate potential bias.
For a prospective B Bops franchisee, this means that in the event of a dispute requiring arbitration, they have a say in selecting an arbitrator. However, it's important to note that this clause does not apply to controversies, disputes, or claims related to or based on the Licensed Marks or any confidential information or trade secrets of B Bops.