factual

Does the Bevaris Alliance agreement limit liability for damages for business interruption?

Bevaris_Alliance Franchise · 2024 FDD

Answer from 2024 FDD Document

26. Limitation of liability. IN NO EVENT SHALL A PARTY OR ANY OF ITS REPRESENTATIVES BE LIABLE UNDER THIS AGREEMENT TO THE OTHER PARTY OR ANY THIRD PARTY (TO INCLUDE AFFILIATES) FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL OR PUNITIVE DAMAGES, INCLUDING ANY DAMAGES FOR BUSINESS INTERRUPTION, LOSS OF USE, DATA, REVENUE OR PROFIT, DOWN TIME OR OTHER ECONOMIC LOSSES WHETHER ARISING OUT OF BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY OR OTHERWISE, REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE AND WHETHER OR NOT THE BREACHING PARTY WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Source: Item 23 — RECEIPT (FDD pages 22–88)

What This Means (2024 FDD)

According to the 2024 Bevaris Alliance Franchise Disclosure Document, the franchise agreement includes a limitation of liability clause. This clause specifies that neither party, nor their representatives, will be liable to the other or any third party for certain types of damages.

Specifically, Bevaris Alliance's agreement excludes liability for consequential, incidental, indirect, exemplary, special, or punitive damages. This includes damages related to business interruption, loss of use, data, revenue, or profit, downtime, or other economic losses. The limitation applies regardless of whether the damages arise from breach of contract, tort (including negligence), strict liability, or other causes.

This limitation is in effect even if such damages were foreseeable or if the breaching party was advised of the possibility of such damages. This means that a Bevaris Alliance franchisee may not be able to recover damages for business interruption or lost profits from Bevaris Alliance, even if the interruption is due to Bevaris Alliance's negligence or breach of contract. Franchisees should be aware of this limitation and consider its potential impact on their business before investing in a Bevaris Alliance franchise.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.