What is the choice of law and consent to jurisdiction for dispute resolution related to the Monicals Pizza franchise?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
This Guaranty Agreement, which is to be governed by and construed in accordance with the laws of the State of Illinois, shall also bind Guarantor's legal or personal representatives, heirs, successors and assigns (as the case may be) and inure to the benefit of Franchisor and its Affiliates and their successors and assigns and any other person or entity at any time having the rights of Franchisor or any Affiliate under the Franchise Agreement and each Related Agreement.
Guarantor will forthwith pay to Franchisor and/or an Affiliate, as applicable, all attorney's fees and disbursements incurred by Franchisor and/or an Affiliate, as applicable, in connection with any breach or default by Franchisee under the Franchise Agreement or any Related Agreement and/or the enforcement of this Guaranty Agreement, in each instance whether or not suit is brought (and if suit is brought, through appeals and collection efforts).
Any sums not paid to Franchisor or any Affiliate when due hereunder will bear interest at the rate of 18% per annum, from the due date until full payment is received by Franchisor or such Affiliate.
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the Guaranty Agreement is governed by and construed in accordance with the laws of the State of Illinois. This means that Illinois law will be used to interpret and enforce the terms of the Guaranty Agreement.
This agreement binds the Guarantor's legal or personal representatives, heirs, successors, and assigns, and it benefits Monicals Pizza, its affiliates, and their successors and assigns. It also extends to any person or entity with rights under the Franchise Agreement or any related agreement.
In the event of a breach or default by the franchisee, the guarantor is responsible for covering all attorney's fees and disbursements incurred by Monicals Pizza or its affiliates in connection with the breach, default, or enforcement of the Guaranty Agreement. This includes costs incurred whether or not a lawsuit is filed, and extends through appeals and collection efforts. Any sums not paid when due will accrue interest at a rate of 18% per annum until full payment is received.