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Your Hosts
M. Avi Epstein Darrell Johnson, CFE Christine Friedberg, CFE Craig R. Tractenberg Daniel F. Dovi
VP, Legal Affairs President and CEO Dir of Sales Innovation Partner, Franchise Associate, IP
Sterling Partners FRANData FRANData Nixon Peabody LLP Nixon Peabody LLP
3
CLE Information
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Agenda
Fundraising
Fundraising Overhang
Deal Size
*Through Q3
Source: PitchBook
Exits
*3Q 2010
Valuation Multiples
M. Avi Epstein Darrell Johnson, CFE Christine Friedberg, CFE Craig R. Tractenberg Daniel F. Dovi
VP, Legal Affairs President and CEO Dir of Sales Innovation Partner, Franchise Associate, IP
Sterling Partners FRANData FRANData Nixon Peabody LLP Nixon Peabody LLP
23
Alerts
• California Franchise Relationship Act sets the “floor,” not “ceiling” of
franchisee rights
• Franchise industry receives a jolt from the Small Business Jobs Act
• Choice of law and forum provisions in franchise agreements: jurisdictional
differences in enforcing the covenant not to compete
• Federal judge likens franchising as business to “modified Ponzi scheme” and
holds that franchisor is employer of Massachusetts franchisees
• U.S. Supreme Court raises threshold for constructive termination and
constructive nonrenewal
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CLE Information
Avi Epstein Darrell Johnson Christine Friedberg Craig Tractenberg Daniel Dovi
AEpstein@sterlingpartners.com djohnson@frandata.com cfriedberg@Frandata.com ctractenberg@nixonpeabody.com ddovi@nixonpeabody.com
Twitter: @nixonpeabodyllp
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The content should not be construed as legal advice, and readers should not act upon information in this
publication without professional counsel. Copyright © 2010 Nixon Peabody LLP. All rights reserved.
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