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  • Franchise Rule | BUSCHKIN LAW FIRM

    Back FTC Franchise Rule The Franchise Rule gives prospective purchasers of franchises the material information they need in order to weigh the risks and benefits of such an investment. The Rule requires franchisors to provide all potential franchisees with a disclosure document containing 23 specific items of information about the offered franchise, its officers, and other franchisees. The Federal Trade Commission (FTC) Franchise Rule is a disclosure rule that requires a franchisor offering or selling a franchise located in the United States of America to provide the prospective franchisee with the relevant information about the franchise. Under Subpart B of the FTC Franchise Rule , the franchisor shall be in breach of the FTC Franchise Rule if it: (a) fails to furnish the prospective franchisee with the disclosure document fourteen calendar days before the prospective franchisee signs the franchise agreement or makes any payment in connection with the franchise; or (b) if the franchisor unilaterally modifies the terms and conditions of the franchise agreement without furnishing the prospective franchisee with a copy of the revised franchise agreement at least seven calendar days before the prospective franchisee signs the revised franchise agreement. According to Subpart C of the FTC Franchise Rule , along with other formalities established therein, the disclosure document the franchisor shall provide to the prospective franchisee must contain the following material information: - A cover letter indicating: (a) the franchisor's name, type of business organization, principal business address, telephone number, and, if applicable, email address and primary home page address; (b) a sample of the primary business trademark that the franchisee will use in its business; (c) a brief description of the franchised business; and (d) the total investment required to begin the operation of the franchise. - The following 23 items of disclosure information: (1) the franchisor and any parents, predecessors, and affiliates; (2) business experience; (3) litigation; (4) bankruptcy; (5) initial fees; (6) other fees; (7) estimated initial investment; (8) restrictions on sources of products and services; (9) franchisee's obligations; (10) financing; (11) franchisor's assistance, advertising, computer systems, and training; (12) territory; (13) trademarks; (14) patents, copyrights, and proprietary information; (15) obligation to participate in the actual operation of the franchise business; (16) restrictions on what the franchisee may sell; (17) renewal, termination, transfer, and dispute resolution; (18) public figures; (19) financial performance representations; (20) outlets and franchisee information; (21) financial statements; (22) contracts; and (23) receipts. Detailed information about each item may be consulted in Subpart C of the FTC Franchise Rule. Under Subpart E of the FTC Franchise Rule , seven exemptions apply to the FTC Franchise Rule. As of July 1, 2020, the following are the thresholds applicable to those exemptions from compliance with the FTC Franchise Rule: (a) Sales where the buyer pays less than $615 for the franchise. (b) Sales requiring a large investment where the franchisee pays at least $1,233,000, excluding the cost of unimproved land and any franchisor (or affiliate) financing; and (c) Sales to large entities, such as multi-unit franchisees, airports, hospitals, and universities that have been in business for at least five years and have a net worth of at least $6,165,500. Contact If you are in the US or planning to come to the US and would like to schedule a consultation, let's connect. CLICK HERE TO SCHEDULE INITIAL CONSULTATION OR EMAIL US ‬ CALL US

  • Trusts | BUSCHKIN LAW FIRM

    Back Trusts and Estate Planning Services We help you create a Trust for your specific needs and answer all your questions throughout the process. WHY DO I NEED A TRUST ATTORNEY? A trust attorney can set up the trust on your behalf and even serve as the trustee. Engaging an experienced elder law attorney for these functions can help you and your family avoid a long probate process, potentially pay lower estate taxes, and allow you to retain control over when your beneficiaries receive an inheritance. BENEFITS OF A LIVING TRUST Unlike a will, a living trust does not go through probate, an often-lengthy legal process. That means that your assets may be disbursed to your heirs in a matter of weeks rather than months or years. Establishing a living trust also prevents the substantial court costs associated with probate. This type of document also allows you to retain privacy: while a will is a public record, the assets are distributed privately. Contact If you are in the US or planning to come to the US and would like to schedule a consultation, let's connect. CLICK HERE TO SCHEDULE INITIAL CONSULTATION OR EMAIL US ‬ CALL US

  • Business Litigation | BUSCHKIN LAW FIRM

    Acerca de Back BUSINESS LITIGATION Business Law & Start-Up Law From the moment a business is formed, and throughout its life cycle, there are legal issues that must be addressed. Business law is not one area of law, but many areas that govern a company’s formation, operation, contracts, financing, intellectual property, securities and even insolvency. Businesses and their owners require legal advisors who understand their needs and can help them achieve their objectives, protect their assets and avoid common pitfalls. What we do WE KNOW THE INS AND OUT Our experience—on both sides of the courtroom—gives you a business litigation firm with this same type of insight into what lies ahead. At the core of our legal strategy is a track record for analyzing complex legal and business challenges and foreseeing their outcomes for our clients. WE DETECT PATTERNS Our firm is adept at connecting the dots among seemingly unrelated issues, spotting trends, and staying ahead of change in areas like electronic discovery, and international arbitration. LEADERS IN COMPLEX COMMERCIAL LITIGATION Buschkin Law Firm represents clients in both trial and appellate levels and in arbitration. The complexity of commercial litigation requires seasoned commercial litigation attorneys. Our knowledge and experience in business and commercial law litigation has contributed to our record of success. FIERCE NEGOTIATORS Our trial experience, ferocious negotiation, and laser-sharp persuasion skills give clients the necessary perspective to map out a strategy even before litigation is filed. This is how we obtain successful results if the litigation gets to the courtroom. Buschkin Law Firm's business litigation attorneys represent companies and individuals in any kind of commercial dispute. We help our clients implement measures to ensure that they do not become embroiled in disputes. If a litigation arises, we ensure that you are equipped with the resources, experience, and knowledge to reach a successful resolution. COST-EFFECTIVE LITIGATION Successfully navigating commercial disputes and litigation or arbitration is integral to achieving your business objectives. Managing costs is a priority for many of our clients. That is why we help companies involved in commercial litigation or arbitration make decisions consistent with their goals. At Buschkin Law Firm we aggressively defend our clients’ interests in complex and multiparty litigation and arbitration. Throughout your dispute, we will work with you to pursue a course of action that defends your business interests while remaining cost-effective. ALTERNATIVE DISPUTE RESOLUTION Our focus on efficient dispute resolution means we always consider whether arbitration, mediation, facilitation, mini-trials or private judging is in the best interests of our clients. We have vast experience in negotiating mediated settlements in a variety of disputes across industries and legal practice areas. Our experienced arbitration practitioners are familiar with arbitration in both domestic and international forums. Contact If you are in the US or planning to come to the US and would like to schedule a consultation, let's connect. CLICK HERE TO SCHEDULE INITIAL CONSULTATION OR EMAIL US ‬ CALL US

  • Health Surrogates | BUSCHKIN LAW FIRM

    Back Comprehensive Healthcare Surrogate Estate Planning Services We know how important it is to have a health care surrogate in place before the time comes when one is needed. WHAT IS A HEALTH CARE SURROGATE? A health care surrogate is a third party who has been named in advance to make medical decisions on your behalf if you are unable to make those decisions yourself. The term can also be used interchangeably with “health care advanced directives,” “advanced health care directives,” or “health care power of attorney.” When appointing a health care surrogate, it’s very important to choose someone who is attentive, trustworthy, familiar with your medical wishes in various health-related scenarios, and capable of making difficult medical decisions. WHY DO I NEED A HEALTH CARE SURROGATE? Emotions run high during times of medical emergency. Families often have strong feelings about what should happen to their loved ones. If you were to suddenly fall ill, a legal document naming your health care surrogate could help eliminate any confusion about who is responsible for making decisions about your medical care. This will spare your family members from arguing (and in some cases even going to court) over who should be tasked with making difficult decisions regarding your well-being. The written document appointing a health care surrogate is especially important when you have internal family conflict or if you are bypassing family members to appoint a non-family member or companion to serve as your health care surrogate. You may want someone to have access to your medical information immediately, even if you are fully able to make your own decisions. In this way, your surrogate can be fully informed of your medical condition if, at some point in time, the doctors determine that you are unable to make your own decisions for medical care. A properly drafted health care surrogate can add that provision. The final decision on care always remains with you unless the doctor states that you cannot make a decision. We can help you with your advanced health care directive, ensuring that your wishes will be honored in any eventuality. Contact If you are in the US or planning to come to the US and would like to schedule a consultation, let's connect. CLICK HERE TO SCHEDULE INITIAL CONSULTATION OR EMAIL US ‬ CALL US

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