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What is the state associated with the Debtor's acknowledgement for Coffee News?

Coffee_News Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. This Schedule B and the Promissory Note contained herein shall be governed by and construed according to the laws of the State of Maine.

Source: Item 23 — Receipts (FDD pages 36–118)

What This Means (2025 FDD)

According to the 2025 Coffee News FDD, Schedule B and the Promissory Note within it are governed and construed by the laws of the State of Maine. This means that any legal matters or disputes related to these documents will be subject to Maine's legal system. This is relevant because the Debtor's acknowledgement is part of Schedule B. Therefore, the state associated with the Debtor's acknowledgement for Coffee News is Maine.

For a prospective Coffee News franchisee, this clause dictates that any legal proceedings concerning the Promissory Note would likely take place in Maine, regardless of where the franchisee's Coffee News location is based. This could involve additional costs and logistical challenges if the franchisee is not located in Maine. It is important to understand which state laws govern the agreement, as laws vary from state to state.

Franchise agreements often include clauses specifying which state's laws govern the agreement. This is to provide clarity and predictability in case of disputes. Franchisees should be aware of this clause and understand its implications, especially if they are located far from the specified state. Consulting with a legal professional is advisable to fully understand the legal ramifications of such clauses.

Disclaimer: This information is extracted from the 2025 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.