Subscribe
Blog Editors
- Editor
- Editor
- Editor
- Editor
- Editor
- Editor
- Editor
- Editor
Topics
Archives
On March 18, 2020, the State Corporation Commission of Virginia extended current franchise registrations and exemptions under the Virginia Retail Franchising Act that would have expired between March 16, 2020, and April 6, 2020, by 21 days. The order indicates that if the COVID-19 emergency continues, one or more additional extensions may be granted by order.
As opposed to the Maryland order (discussed in a previous blog post here), the Virginia order seems to require that the franchisor continues to use its 2019 FDD. If the state of emergency continues, this may mean that franchisors offering franchises in Virginia will have to use their 2019 FDD to comply with Virginia law and their 2020 FDD to comply with federal FDD updating requirements.
Our Franchising & Distribution team of attorneys is continuing to monitor these developments and is available to answer your questions related to franchise matters affected by COVID-19.