Is compliance with anti-terrorism laws a continuing obligation for Bigfoot Forestry franchisees?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
- **23.3.
Anti-Terrorism Compliance.** You and the Owners jointly and severally represent and warrant to us that, to the best of your and their knowledge: (a) no property or interest owned by you or any Owner is subject to being "blocked" under any Anti-Terrorism Law; (b) neither you nor any Owner, nor any of their respective funding sources (including any legal or beneficial owner of an Equity Interest in the Business or Franchisee Entity) or related parties is, or has ever been: (i) a terrorist or suspected terrorist within the meaning of the Anti-Terrorism Law; or (ii) identified by name, alias, pseudonym, nickname or address on any Terrorist List, including the list of "Specially Designated Nationals" or "Blocked Persons" maintained by the U.S.
Treasury Department's Office of Foreign Assets Control (texts currently available at www.home.treasury.gov); and (c) you and the Owners are in compliance with, and shall continue to comply with, the Anti-Terrorism Law and all other U.S.
Laws currently in effect, or enacted in the future, that prohibit corrupt business practices, money laundering or the aid or support of Persons who conspire to commit acts of terror against any Person or government.
The foregoing representations and warranties are 'continuing' representations and warranties for the duration of the franchise relationship.
Accordingly, you must immediately notify us of the occurrence of an event or development of a circumstance that might render any of the foregoing representations and warranties false, inaccurate or misleading.
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, franchisees and their owners must comply with anti-terrorism laws throughout the duration of the franchise relationship. Franchisees and owners must initially represent and warrant that they are not subject to having property blocked under any Anti-Terrorism Law, are not terrorists or suspected terrorists, and are not identified on any Terrorist List. These representations and warranties are continuing for the duration of the franchise relationship.
This means that a Bigfoot Forestry franchisee's compliance with anti-terrorism laws is not a one-time requirement but an ongoing obligation. The franchisee must maintain compliance and ensure that neither they nor their owners fall under any of the prohibited categories related to terrorism.
Furthermore, the franchisee has a duty to immediately inform Bigfoot Forestry if any event or circumstance occurs that could render their initial representations and warranties false, inaccurate, or misleading. This immediate notification requirement places an additional responsibility on the franchisee to monitor their status and that of their owners continuously and proactively.