What court is hearing the appeals related to the Engel & Volkers settlement agreement?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
Benny Cheatham*, et al, 24-3564 (8th Cir.).
The Settlement Agreement will become effective upon the resolution of those appeals affirming final approval.
The objector-appellants' briefs are currently due on April 21, 2025.
Source: Item 3 — LITIGATION (FDD pages 17–21)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, the appeals related to the settlement agreement in the case of Benny Cheatham, et al are being heard in the 8th Circuit Court. The case number is 24-3564 (8th Cir.).
The FDD indicates that the settlement agreement will only become effective once these appeals are resolved and the final approval is affirmed. As of the document's publication, the objector-appellants' briefs were due on April 21, 2025.
For a prospective Engel & Volkers franchisee, this means that the final resolution of this particular legal matter is still pending. The outcome of the appeals could potentially affect the terms or implementation of the settlement agreement. It is important to monitor the progress of this litigation and understand its potential implications for the franchise system.