For Eos Worldwide franchisees in Ohio, what statute of limitations applies to claims?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
FOR THE STATE OF OHIO
The Ohio Business Opportunity Plan Law requires that certain provisions contained in the Franchise Agreement for EOS Worldwide Franchising, LLC be amended to be consistent with Ohio Law. Such provisions in the Agreement are hereby amended as follows:
-
- Governing Law. In the event of a conflict of laws, Ohio law shall prevail.
-
- Jurisdiction and Venue. Any action may be brought in the appropriate state or federal court in Ohio.
-
- Limitations of Claims. The statute of limitations under Ohio Law shall apply.
-
- Revocation Period.
Source: Item 22 — CONTRACTS (FDD page 74)
What This Means (2025 FDD)
According to Eos Worldwide's 2025 Franchise Disclosure Document, the statute of limitations under Ohio Law applies to franchisees in Ohio. This means that the time period in which a franchisee can bring a legal claim against Eos Worldwide or vice versa will be determined by Ohio state law.
This is a standard legal protection for franchisees, ensuring they are not subject to unfairly short claim periods dictated by the franchise agreement. Without this provision, the franchise agreement could potentially limit the time a franchisee has to file a lawsuit, which could be detrimental to their legal rights. Ohio law will govern how long a franchisee has to bring a claim.
Prospective franchisees in Ohio should consult with a legal professional to understand the specific statute of limitations for various types of claims under Ohio law. This will help them understand their rights and how long they have to take legal action if necessary. Franchisees should be aware of the applicable statute of limitations and monitor deadlines accordingly.