Does the definition of 'Claim' in the Bigfoot Forestry franchise agreement include investigations?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
- "Claim" means any action, allegation, assessment, claim, demand, litigation, proceeding or regulatory procedure, investigation or inquiry.
Source: Item 23 — RECEIPT (FDD pages 42–162)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, the definition of 'Claim' includes investigations. Specifically, the franchise agreement defines 'Claim' very broadly.
This definition is important for prospective franchisees because it means that any type of investigation or inquiry, whether formal or informal, could be considered a 'Claim' under the franchise agreement. This could include investigations by regulatory bodies or inquiries from customers or other third parties. The broad definition of 'Claim' has implications for dispute resolution, indemnification, and other clauses within the franchise agreement.
Because the definition of 'Claim' is so broad, franchisees should be aware of their obligations and potential liabilities under the franchise agreement. It is advisable to consult with an attorney to fully understand the implications of this definition and how it may affect their rights and responsibilities as a Bigfoot Forestry franchisee.