In a challenging economy, it is not unusual for certain franchisees, for a variety of reasons, to become insolvent. Generally, insolvency does not happen over night, rather, a situation deteriorates over time. We provide advice to our clients with respect to working through challenging financial circumstances, with the goal of preventing the assets of the franchise from becoming part of the debtor's bankruptcy estate. In cases where bankruptcy has already been filed, we assist franchisors in garnering almost immediate post-petition contractual compliance, and obtain orders from the bankruptcy court to protect the franchisor's interests. In other contexts, we have represented franchisors and area developers in acquiring assets through bankruptcy, free and clear of all liens, claims and encumbrances.

F I S H E R Z U C K E R
Franchise Law / Business Lawyers

121 Avenue of the Arts, Suite 1200, Philadelphia, PA 19107
215.545.5200

402 Park Boulevard, Cherry Hill, NJ 08002
856.665.5253

777 Gloucester Street, Suite 411, Brunswick, GA 31520
912.264.4211

Copyright 2004 - Fisher and Zucker