Does the Bambu General Release cover claims arising from any relationship or transaction with Bambu?
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 any relationship or transaction with Bambu. The release agreement requires franchisees to release 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 any relationship or transaction with Bambu or its affiliates, the Franchise Agreement or any related agreements, and the franchise relationship itself. This broad scope means that a franchisee is giving up their right to sue Bambu for a wide range of potential issues, including those that may not be apparent at the time of signing the release.
It is important for prospective Bambu franchisees to understand the implications of this release. By signing it, they are potentially waiving their rights to pursue legal action against Bambu for various issues that may arise during the course of the franchise relationship. Franchisees in California, Montana, and North Dakota also acknowledge that they are waiving rights and benefits conferred by state laws related to general releases. Franchisees should carefully consider the scope of the release and consult with an attorney before signing to fully understand their rights and obligations.