Amended ICC model international franchise contract is problematic for franchising: anyone who has had the experience of working with franchisors knows that a good franchise agreement must reflect scores of business and legal decisions which make each franchise unique.

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INTERNATIONAL DEVELOPMENT

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Amended ICC model international franchise contract is problematic for franchising: anyone who has had the experience of working with franchisors knows that a good franchise agreement must reflect scores of business and legal decisions which make each franchise unique.

The idea was simple. Create a model international franchise agreement which could be used by companies and lawyers who are unfamiliar with international franchising and international franchise agreements. Gather a group of leading franchise lawyers and professors and focus their efforts on developing one or two best practices for each issue commonly addressed in franchise agreements, provide explanations for the options and release it under the auspices of the International Chamber of Commerce. Known for model contracts and contract clauses in areas such as commercial agency, international sale...

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