factual

Can either party seek emergency measures of protection during arbitration of a Bombs Away franchise dispute?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

Either party may apply to the arbitrator seeking injunctive relief until the arbitration award is rendered or the controversy is otherwise resolved.

Either party also may, without waiving any remedy or right to arbitrate under this Agreement, seek from any court having jurisdiction any interim or provisional injunctive relief.

Source: Item 22 — CONTRACTS (FDD pages 35–36)

What This Means (2024 FDD)

According to Bombs Away's 2024 Franchise Disclosure Document, both the franchisor and franchisee have the ability to seek emergency measures of protection during an arbitration. Specifically, either party can apply to the arbitrator for injunctive relief until the arbitration award is finalized or the dispute is otherwise resolved. This allows for immediate action to prevent potential harm or damage while the arbitration process is ongoing.

Additionally, either party can seek interim or provisional injunctive relief from a court with jurisdiction, without giving up their right to arbitrate the dispute. This provides an alternative avenue for obtaining urgent protective measures if needed. This dual approach ensures that both Bombs Away and its franchisees have access to the necessary legal tools to protect their interests during a dispute.

This clause is fairly common in franchise agreements, as it allows parties to maintain the status quo or prevent irreparable harm while the arbitration process unfolds. It balances the preference for arbitration with the need for immediate judicial intervention in certain circumstances. A prospective Bombs Away franchisee should understand these provisions and consult with legal counsel to fully grasp their rights and obligations in case of a dispute.

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.