Eddie Rockets gets high court injunction to prevent sale of restaurant franchises

SUBSCRIBE? Just hit the subscribe button.
I have published a number of free reports including “16 Common Mistakes Most Irish Employers Make” and “Buying or Selling a Residential Property in Ireland-The Facts You Should Know”.
You can pick up a FREE REPORT here: businessandleg...
MY BOOKS ON AMAZON
Employment Law In Ireland: The Essentials for Employers, Employees and HR Managers amzn.to/2oDhR36
27 Irish Employment Law Cases: Priceless Lessons for Employers and Employees from Decided Cases of the EAT, Equality Tribunal, and High Court amzn.to/2oG4oHK
How to Carry Out a Workplace Disciplinary Procedure: Avoid Costly Claims for Unfair Dismissal and Other Employment Related Claims amzn.to/2H1uR9i
The Art of Marketing Your Services Business Online: How to Get New Clients With a Proven, Inexpensive 5 Part Digital Marketing Strategy amzn.to/2Fa5BB7
Buying a House in Ireland: A Step by Step Guide by a Builder/Solicitor amzn.to/2F9Z2ij
MY WEBSITES
For more information about me: businessandleg...
For more information about employment law in Ireland: EmploymentRigh...
For information about property, personal injury law, small business, wills, and all other areas of law in Ireland, visit Terry Gorry & Co. Solicitors website: BusinessAndLeg...
For information about small business in Ireland, visit SmallBusinessLa...
Terry Gorry’s Amazon author page: amazon.com/auth...
The best way to contact me is through email-check out the contact page on any of the sites above.
MY SOCIAL MEDIA-Connect with me
KZbin / terrygorry
Twitter / tgorrysolicitor
Instagram / tgorrysolicitor
Facebook / terrygorrysolicitor
LinkedIn / terrygorry
TikTok / tgorrysolicitor
MY PODCAST
The Irish Law and Small Business Podcast:
podcasters.spo...

[@padraicmcdonagh4991]

Eddies imploded in Galway many years ago too after a breakdown with that franchisee. Something rotten in the state of Denmark.

[@cyrilmulcahy5047]

Interesting and informative video as always Terry. Thanks for that.

[@Conor_o_]

Eddie rockets was savage before the bust up! Miles ahead of smacks and the rest

[@Barnagh1]

This is an area of business law I don’t know a whole lot about, pardon the syntax. If Ziggy Investments Limited own the franchise, and somebody buys Ziggy holus-bolus, do the company’s assets not travel with it, in this case the assets being the franchises? Ziggy retains ownership of the franchises, is ownership of Ziggy relevant? Why should those assets be treated differently from a field or a truck or cash in the bank owned by Ziggy?

[@terrygorry]

Almost all franchisors' franchise agreements will provide that if the franchise is to be sold or the operator changed then the franchisor will have the first option to buy it. This is to protect the franchisor's a) brand b) intellectual property c) operating systems d) territory management. Therefore the franchisee, when entereing into the bargain, ought to know it almost certainly must be offered back to the franchisor if the franchisee proposes to get out of the business.

[@stephaniesamra7960]

Anyone know if share transfer of a company is the same as a franchise agreement? Basically company A took a lease with an already established business. Company A now wants to sell its shares to an individual for X price. Any ideas - throw them my way. Thanks

[@Finderskeepers.]

@@stephaniesamra7960 One is a share sale the other a franchise agreement. Buying a company by buying the shares is very different, you not only gain control of the company assets but also responsibilities for the liabilities. Its not uncommon for a franchise agreement to also address the sale of shares from a right to approve new owners to a right to 1st refusal.

[@martymartin2894]

Eddie rockets empty pockets, that's what we always said about their ridiculous prices for fast food.

[@padraicmcdonagh4991]

@martymartin2894 more restaurant than fast food, pricier yet but far superior in taste and experiences. But that's just this one man's humble opinion !

[@Terrlock]

All resturants are so expense these days.

[@eltinmccarthy2469]

Eddie Rockets..... Empty Pockets!!!!!

[@lubumbashi6666]

So, you can't sell a McDonalds restaurant to Burger King

[@donalfinn4205]

Why do you insist of giving us a tour of your offices in every video? What’s that all about? Are you that restless?

[@radharcanna]

It makes it more visually interesting than one fixed shot of him sitting at a desk.