factual
Are there any exceptions to the confidentiality requirement for arbitration or lawsuits involving Desi District?
Desi_District Franchise · 2024 FDDAnswer from 2024 FDD Document
- (e) Confidentiality. All documents, information, and results pertaining to any arbitration or lawsuit will be confidential, except as required by law or as required for Desi District Franchise Group to comply with laws and regulations applicable to the sale of franchises.
Source: Item 22 — CONTRACTS (FDD page 52)
What This Means (2024 FDD)
According to Desi District's 2024 Franchise Disclosure Document, all documents, information, and results related to any arbitration or lawsuit will be kept confidential. However, there are two exceptions to this rule. The first exception is if disclosure is required by law. The second exception is if Desi District needs to disclose the information to comply with laws and regulations applicable to the sale of franchises. This means that while Desi District aims to keep disputes private, they must comply with legal and regulatory requirements that may necessitate disclosure.
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.