What specific fiscal year does the litigation disclosure cover for Caption By Hyatt?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
During the 2024 fiscal year, we brought a claim against franchisees as follows:
Hyatt Franchising, L.L.C. v. Imperial Hotels, LLC, Sunikumar Patel, Akash Maheshwari, Roshni Jariwala Desai, Madhvan Nair, Daksha Patel, Sanjay Desai, Raj Gandhi, Usha Patel, Vinod Jayrambhai Patel and Mina Jariwala, No. 01-24-0008-8964 (AAA 2024) (Unpaid Royalty Fees).
Other than as described above, no litigation is required to be disclosed in this Item.
Source: Item 3 — Litigation (FDD page 16)
What This Means (2025 FDD)
According to the 2025 FDD, Caption By Hyatt's litigation disclosure covers the 2024 fiscal year. Specifically, it details any claims brought against franchisees during this period.
The disclosure mentions one claim brought by Hyatt Franchising, L.L.C. against Imperial Hotels, LLC, and several individuals, related to unpaid royalty fees. The case is identified as Hyatt Franchising, L.L.C. v. Imperial Hotels, LLC, Sunikumar Patel, Akash Maheshwari, Roshni Jariwala Desai, Madhvan Nair, Daksha Patel, Sanjay Desai, Raj Gandhi, Usha Patel, Vinod Jayrambhai Patel and Mina Jariwala, No. 01-24-0008-8964 (AAA 2024) (Unpaid Royalty Fees).
The FDD states that no other litigation is required to be disclosed, indicating that the provided case is the only one that meets the criteria for disclosure in Item 3. This information is important for prospective franchisees as it provides insight into the types of legal issues Caption By Hyatt has faced with its franchisees recently, specifically concerning unpaid royalty fees.