Franchise and Distribution: Reorganization & Bankruptcy

It's an unavoidable fact of business that franchisors and manufacturers will encounter from time to time encounter issues relating to financings, debt restructurings, reorganizations, insolvencies and bankruptcies. Sometimes these arise in connection with their franchisees or distributors; sometimes they hit closer to home—affecting the Home Office itself. Siskinds advises franchisors and manufacturers in these situations as they arise.

During a re-organization or insolvency proceeding, our clients rely on us to rapidly and effectively act and react to advance their financial and system goals. Alongside financial concerns, franchisors and manufacturers often have trademark and franchise or distribution system concerns. As trusted advisors, our team keeps all of these concerns in mind throughout the process.

Our practice enables us to keep abreast of the latest developments that affect franchisors, enables us to appear comfortably and confidently in any Canadian bankruptcy court, and provides us with a network of known local bankruptcy counsel in Canada and the US when the retention of local counsel is appropriate.

Our franchisor and manufacturer clients in-house counsel and business people also draw upon our experience to refine their franchise and distribution agreements and business practices to reduce exposure in the event of workouts and bankruptcies.

Moving Forward. We look forward to working together with you to start, expand or re-structure your system, or to solve whatever problem or seize whatever opportunity you're dealing with, anywhere. Contact Peter Dillon at 800-816-9596 (or 519-672-2121 outside of North America) or electronically at peter.dillon@siskinds.com.