factual

Where will arbitration proceedings be held for disputes related to the Pearce Bespoke Franchise Agreement?

Pearce_Bespoke Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. To the extent required by the NDFIL, arbitration proceedings shall take place at a location mutually agreed upon by you and us.

Source: Item 22 — CONTRACTS (FDD page 39)

What This Means (2025 FDD)

According to the 2025 Pearce Bespoke Franchise Disclosure Document, the location of arbitration proceedings is determined by the state in which the franchisee is located. Specifically, for franchisees in North Dakota, the proceedings will take place at a location mutually agreed upon by the franchisee and Pearce Bespoke, to the extent required by the North Dakota Franchise Investment Law (NDFIL).

This means that if a Pearce Bespoke franchisee is based in North Dakota and a dispute arises that leads to arbitration, the location for the arbitration must be agreed upon by both the franchisee and Pearce Bespoke. This requirement is in place to comply with North Dakota state law, which aims to protect franchisees' rights.

For prospective Pearce Bespoke franchisees outside of North Dakota, the FDD excerpts do not specify where arbitration proceedings would be held. It would be prudent for potential franchisees to discuss arbitration locations with Pearce Bespoke prior to signing the Franchise Agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.