factual

Who chooses the legal counsel if I must defend Chocolate Fish Coffee in a legal action?

Chocolate_Fish_Coffee Franchise · 2024 FDD

Answer from 2024 FDD Document

Type of Fee Amount Due Date Remarks
Our actual cost On demand Payable only if (1) we audit you because
you have failed to submit required reports
or other non-compliance, or (2) the audit
concludes that you under-reported gross
sales b
period
Payable only if we conduct an inspection
of your business because of a
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.
$10,000 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
Brand 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).

Source: Item 6 — OTHER FEES (FDD pages 10–13)

What This Means (2024 FDD)

According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, if a legal action arises related to the operation of your franchise, you are required to indemnify and defend Chocolate Fish Coffee and its affiliates. However, the legal counsel you choose to defend the company must be reasonably acceptable to Chocolate Fish Coffee.

This means that while you are responsible for the costs and defense of any legal actions stemming from your franchise's operations, Chocolate Fish Coffee retains the right to approve your choice of legal representation. This provision ensures that the chosen counsel meets Chocolate Fish Coffee's standards and is competent to handle the legal matter effectively.

It is important to note that this obligation to indemnify and defend Chocolate Fish Coffee does not apply if the legal action is caused by Chocolate Fish Coffee's own misconduct or negligence. In such cases, you would not be responsible for their legal defense.

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.