Are there any exceptions to the confidentiality of arbitration or lawsuit documents related to Fly To Fit?
Fly_To_Fit 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 Fly To Fit Franchise to comply with laws and regulations applicable to the sale of franchises.
Source: Item 22 — CONTRACTS (FDD page 44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, all documents, information, and results related to any arbitration or lawsuit are considered confidential. However, there are exceptions to this rule.
The confidentiality requirement does not apply if disclosure is required by law. Additionally, Fly To Fit is permitted to disclose confidential information if it is necessary for them to comply with laws and regulations applicable to the sale of franchises.
This means that while Fly To Fit aims to keep disputes private, certain legal or regulatory obligations may override this confidentiality. Prospective franchisees should be aware that information from arbitration or lawsuits could become public if legally mandated or necessary for Fly To Fit to maintain compliance with franchise regulations.