Strauss Troy Co-Chairman James Heldman recently presented the fundamentals of Franchise Law at the Cincinnati Bar Association’s “Brown Bag – Learn During Lunch” series. The series is planned and hosted by the Cincinnati Bar Association’s Young Lawyers’ Section and consists of year-round one-hour programs.
His presentation included a summary of federal franchising regulations as well as relevant Ohio laws and regulations. Here are highlights:
Franchising is regulated by the Federal Trade Commission Franchise Rule (“FTC Franchise Rule”) and by various state agencies. A state’s franchise law usually applies only if:
- The offer or sale of a franchise is made in the state
- The franchised business will be located in the state
- The franchisee is a resident of the state
To learn more about franchise law, click here to download a white paper on franchise law from Jim Heldman.
James Heldman is co-chairman of Strauss Troy, and his practice focuses on corporate and business law, including financing, mergers and acquisitions, securities regulation, franchising, real estate development and commercial transactions. You may contact him at 513.629.9421 or firstname.lastname@example.org.