Franchise Advisory - New Block Exemption
The new vertical agreements block exemption has just been published. It will come into force on the 1 June 2010 and franchisors have a transitional period until 31 May 2011 in respect of agreements already in force on 31 May 2010 to satisfy the conditions of the new block exemption. The great majority of franchise agreements in the UK are drafted so as to comply with the block exemption and we...
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