What other remedies can Pearce Bespoke combine with the remedies under this agreement?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
None of the remedies available to us under this Article are exclusive of any other, but may be combined with others under this Agreement, or at law or in equity, including injunctive relief, specific performance, and recovery of monetary damages.
Source: Item 23 — RECEIPTS (FDD pages 39–172)
What This Means (2025 FDD)
According to the 2025 FDD, Pearce Bespoke has the ability to combine remedies available to them. Specifically, Pearce Bespoke is not limited to only one type of remedy outlined in the agreement. Pearce Bespoke can combine remedies under the agreement with other remedies available at law or in equity. These include injunctive relief, specific performance, and recovery of monetary damages.
This means that Pearce Bespoke isn't restricted to a single course of action if a franchisee breaches the agreement. For example, Pearce Bespoke could seek a court order (injunctive relief) to stop a franchisee from violating the agreement while also pursuing monetary damages to cover any financial losses resulting from the breach. This provides Pearce Bespoke with significant flexibility in addressing violations and protecting its interests.
For a prospective Pearce Bespoke franchisee, this clause highlights the importance of adhering to the franchise agreement. Failure to comply could result in a combination of legal actions, potentially leading to significant financial and operational consequences. Franchisees should carefully review the agreement and seek legal counsel to fully understand their obligations and the potential ramifications of non-compliance.