Does the Bambu General Release cover claims arising from the franchise relationship?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Release. Franchisee, for itself and its affiliates, and their respective current and former successors, assigns, officers, shareholders, directors, members, managers, agents, heirs and personal representatives ("Franchisee Affiliates"), hereby fully and forever unconditionally releases and discharges Bambu and its affiliates, and their respective successors, assigns, agents, representatives, employees, officers, shareholders, directors, members, managers and insurers (collectively referred to as "Bambu Affiliates") from any and all claims, demands, obligations, actions, liabilities and damages of every kind and nature whatsoever ("Released Claims"), in law or in equity, whether known or unknown, which Franchisee or the Franchisee Affiliates may now have against Bambu or the Bambu Affiliates or which may hereafter be discovered. Without limiting the foregoing, Released Claims includes, but is not limited to, all claims, demands, obligations, actions, liabilities and damages, known or unknown, in any way arising from or relating to: (i) any relationship or transaction with Bambu or the Bambu Affiliates, (ii) the Franchise Agreement or any related agreements, and (iii) the franchise relationship, from the beginning of time until the date of this Release.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the General Release does cover claims arising from the franchise relationship. The release requires the franchisee to fully and unconditionally release and discharge Bambu and its affiliates from all claims and liabilities. This release extends to all claims, whether known or unknown, that the franchisee may have against Bambu.
Specifically, the release includes claims arising from or relating to the franchise relationship. This means that any disputes or legal actions related to the franchise agreement or the overall relationship between the franchisee and Bambu are covered by this release. The release is effective from the beginning of time until the date the release is executed.
It is important for prospective Bambu franchisees to understand the scope of this release. By signing it, they are giving up their right to sue Bambu for any claims related to the franchise relationship. Franchisees in certain states like California, Montana, and North Dakota are also waiving rights and benefits under state laws that may limit the effect of a general release regarding unknown claims. Franchisees should carefully consider the implications of this release and consult with an attorney before signing.