Development of the franchising model for the purpose of luggage and other products sales in Russia

Description

Company specializing in the sale of luggage and other products has its own network of stores in many countries around the world and holds an aggregation of the intellectual property subject matters and brands. The company decided to invest in the development of its business in Russia via the franchising model. For this project the company applied to us as to the professionals in this field in order to comply with the Russian legislation in the area of franchising and to ensure validity of an agreement on granting a franchise and other accompanying agreements.

Solution

In the scope of this project, which was aimed at developing a network of shops of selling luggage and other products in Russia, we consulted the company on all the aspects of licensing and sublicensing of intellectual property rights, as well as of granting franchises to Russian companies. During our consultations, we also provided services for the preparation and verification of the relevant transaction documents, in particular, the licensing and sublicensing agreements, franchising agreement, as well as the services for the registration of the signed contracts. In addition, we conducted the audit of the relevant intellectual property assets that are the subject-matters of the said agreements within the scope of the transaction.

Result

As a result of the provision of our services, the company successfully entered the Russian market and opened a network of shops for selling luggage and other products in Russia. This project involved only our firm, which provided the full legal support of all the operations of the company.