Award Terminating Subway Sandwich Shop’s Franchise Contract With Russia Confirmed

Mealey's (May 30, 2024, 12:58 PM EDT) -- NEW YORK — A New York federal judge on May 29 confirmed an arbitral award issued after remand in favor of sandwich shop franchise operator Subway International B.V. (SIBV), holding that a franchisor that operated Subway shops in Russia cannot renew its franchise license and that the parties’ agreement was effectively terminated in 2020....