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Franchising

11 June 2019
Gordon Drakes Managing supply chain risk in franchise systems – proposed changes to insolvency regime

United Kingdom - Fieldfisher LLP

Against the backdrop of a number of high-profile business failures in the UK retail sector, the government has issued a report on the insolvency regime, which will affect the operation of termination rights in supply agreements. This article considers the proposals and provides a best practice recommendation for recovering goods in the possession of a franchisee once they have entered some form of insolvency protection.

Author: Gordon Drakes
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