What Happens When A Franchisor Goes Into Liquidation, Do The Franchisees Have Any Rights?
Select Your Franchise (blog): Liquidation marks the “corporate death†of a company. After paying the costs and expenses of the liquidation, the liquidator will distribute the net proceeds realised from the company’s assets to creditors subject to a statutory order of priority. A franchisee would not usually be owed monies by a franchisor, although where […]