6th Circuit Upholds Liquidated Damages For Franchisor After Franchisee Defaulted

Mealey's (January 11, 2021, 11:02 AM EST) -- CINCINNATI — The Sixth Circuit U.S. Court of Appeals on Jan. 5 affirmed a trial court’s final judgment, including nearly $2.6 million in liquidated damages, for a franchisor after a couple who operated numerous franchised locations stopped paying royalties and other fees, opining that the franchise agreement permitted the franchisor to terminate the agreement and collect such damages....