Yoga Franchisor Says Backout From Agreement Due To COVID-19 Closures

Mealey's (June 22, 2020, 8:41 AM EDT) -- WILMINGTON, Del. — Franchisors of CorePower yoga studios on June 8 asked a Delaware court to dismiss a suit seeking enforcement of an asset purchase agreement of 34 yoga studios across five states because the franchisee breached its warranties due to the COVID-19 closure of the studios (Level 4 Yoga, LLC v. CorePower Yoga, LLC, et al., No. 2020-0249, Del. Chanc.)....