franchising preliminary agreements letters of intent loi

Franchising and preliminary agreements in Italy: the letters of intent (LOI) and option agreements

The first step for many franchisors, in Italy as well as in other countries, is often to negotiate interim agreement documents, called letters of intent before drafting, negotiating and agreeing the terms of the final agreement. There are other common preliminary agreements used before signing a franchise contract in Italy are called "option contracts".
Investments in franchising

Investments in franchising: how they are regulated in Italy from a legal point of view

The issue of the investments that franchisees must make in order to carry out their business within a franchise network is very important from a legal point of view. According to The Italian law n. 129/2004 on franchising, the franchisor must inform the franchisee on the costs related to the franchise network in which it operates, clearly and before the contract is signed.
abuse of economic dependence franchising

Abuse of economic dependence and franchising: the AGCM initiates an investigation against Benetton in Italy

The Italian Antitrust Authority initiated an investigation against the Benetton group for a suspected abuse of economic dependence, regarding franchising agreements for the sale of products under the Benetton brand.
area development contract used italian franchise practice

Area Development: a contract increasingly used in Italian franchise practice

The multi-unit franchise model is increasingly widespread in the world, including Italy. Within the MUF model, the Scope Development Pact plays a key role. The Area development scheme offers many advantages to both parties.

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