Under what rules will the final and binding arbitration for Floors To Go be conducted?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
Upon the giving or receipt of a Final Dispute Notice, any unresolved Dispute, including without limitation, any disagreement regarding the interpretation or the operation of this Agreement shall be determined by final and binding arbitration under the rules of the American Arbitration Association ("AAA").
The arbitration shall be conducted in the county in Florida in which we maintain our principal office, or such other mutually agreed upon location before a panel of three arbitrators.
One arbitrator shall be selected by each of the parties and the third arbitrator shall be selected by the two arbitrators designated by the parties.
The arbitrators shall have the authority to award to the prevailing party all of its reasonable costs and expenses identified in Section 9.5 above, including, without limitation, paralegal and attorneys' fees.
The arbitration award shall be final and binding on the parties, and judgment on the award may be entered in any court having jurisdiction.
Source: Item 23 — RECEIPTS (FDD pages 47–204)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, any unresolved dispute will be determined by final and binding arbitration under the rules of the American Arbitration Association (AAA). This means that if a franchisee has a disagreement with Floors To Go that cannot be resolved through initial negotiation, the dispute will be settled by a neutral third party according to AAA's established procedures.
The arbitration will take place in the county in Florida where Floors To Go maintains its principal office, unless both parties agree to another location. A panel of three arbitrators will preside over the proceedings. Each party will select one arbitrator, and those two arbitrators will then choose the third. This structure aims to ensure impartiality in the arbitration process.
The arbitrators have the authority to award the prevailing party their reasonable costs and expenses, including paralegal and attorneys' fees. The arbitration award is final and binding, and judgment on the award may be entered in any court having jurisdiction. This means the decision is enforceable in court, providing a definitive resolution to the dispute.