Litigation

Chancery Decides Advertising Dispute Involving Charter of KFC Chain

By Francis G.X. Pileggi

KFC National Council and Advertising Cooperative, Inc. v. KFC Corp., C.A. No 5191- VCS (Del. Ch. Jan. 31, 2011), read 65-page opinion here. The Court of Chancery agreed with the arguments of the franchisees in their interpretation of a corporate charter that impacted a dispute over who controlled advertising and marketing strategy for the 5,000 restaurant KFC chain. More details about this important decision will come later.

ABC News reported on the case here.

Full post as published by Delaware Corporate and Commercial Litigation Blog on February 01, 2011 (boomark / email).