Franchise Lawyer Guest Article: TGI Friday’s Case Highlights Issues at Non-Traditional Venues

10/14/2014

A recent dispute among joint venture partners who own TGI Friday’s Inc. (“Friday’s”) restaurants at the Dallas/Fort Worth International (“DFW”) Airport illustrates some of the special challenges that arise for franchises operating in non-traditional venues, such as airports.

Federal regulations and guidelines enforced by major U.S. airports require airport concessionaires to maintain a percentage ownership, control, and involvement by entities or persons who qualify as an Airport Concession Disadvantaged Business Enterprise (“ACDBE”). 49 CFR § 23 (2005). An ACDBE is a for-profit small business that is at least 51-percent owned and controlled by one or more socially and economically disadvantaged individuals. 49 CFR § 23.3 (2005).

Excerpted from the Franchise Lawyer, October 14, 2014. To view full article, click here (subscription required).

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