factual

Am I required to indemnify Bombs Away for legal actions caused by Bombs Away's misconduct or negligence?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

Type of Fee Amount Due Date Remarks
Currently $600, plus On demand Payable only if we conduct an in-person
our out-of-pocket evaluation of your business because of a
costs governmental report, customer complaint
or other customer feedback, or your
default or non-compliance with any
system specification.
We may cure your non-compliance on
your behalf (for example, if you do not
have required insurance, we may purchase
insurance for you), and you will owe our
costs plus a 10% administrative fee.
$7,500 plus any Payable if you sell your business.
broker fees and other
out-of-pocket costs
we incur
An amount equal to
royalty fees and
marketing fund
contributions for the
lesser of (i) 2 years
or (ii) the remaining
weeks of the
franchise term.
Our costs and losses You must indemnify and defend (with
from any legal counsel reasonably acceptable to us) us
action related to the and our affiliates against all losses in any
operation of your action by or against us related to, or
franchise alleged to arise out of, the operation of
your franchise (unless caused by our
misconduct or negligence).
Our attorney fees, In any legal proceeding (including
court costs, and arbitration), the losing party must pay the
other expenses of a prevailing party’s attorney fees, court
legal proceeding, if costs and other expenses.
we are the prevailing
party

Source: Item 6 — OTHER FEES (FDD pages 9–13)

What This Means (2024 FDD)

According to the 2024 Bombs Away Franchise Disclosure Document, franchisees are required to indemnify Bombs Away against losses from legal actions related to the operation of their franchise. However, this requirement does not extend to situations where the legal action is a result of Bombs Away's own misconduct or negligence. This means that while franchisees are responsible for the legal consequences arising from their own actions or the actions of their employees, Bombs Away will bear the responsibility for legal issues stemming from their own errors or omissions.

This condition protects franchisees from being held liable for Bombs Away's mistakes, which is a standard practice in franchising. Franchisees should ensure they understand the scope of their operational responsibilities and maintain adequate insurance coverage to protect against potential liabilities. It is also important to document all interactions and directives received from Bombs Away to establish a clear record in case of disputes.

Furthermore, the FDD states that in any legal proceeding, including arbitration, the losing party is responsible for covering the prevailing party's attorney fees, court costs, and other related expenses. This provision underscores the importance of carefully assessing the merits of any legal claim before pursuing it, as the financial consequences of losing a legal battle could be significant. Franchisees should seek legal counsel to evaluate their position and understand the potential costs involved in any legal action.

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.