factual

Can Pearce Bespoke require a franchisee to assent to a general release in Minnesota?

Pearce_Bespoke Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (c) In accordance with Minnesota Rules 2860.4400(D), we cannot require you to assent to a general release.

Source: Item 22 — CONTRACTS (FDD page 39)

What This Means (2025 FDD)

According to Pearce Bespoke's 2025 Franchise Disclosure Document, Pearce Bespoke cannot require a franchisee to assent to a general release in the state of Minnesota. Specifically, the FDD includes an addendum required by the State of Minnesota that amends certain provisions in the standard franchise agreement to comply with the Minnesota Franchise Act.

This addendum explicitly states that, in accordance with Minnesota Rules, Pearce Bespoke is prohibited from requiring franchisees to agree to a general release. This means that Pearce Bespoke franchisees in Minnesota will not be forced to sign away their rights to pursue legal claims against the company.

This protection is specific to Minnesota franchisees, as it is based on Minnesota state law. Franchisees in other states may be subject to different requirements regarding general releases, so prospective franchisees should carefully review the FDD addendum specific to their state.

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.