Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / confidential-mediation-statement.docx
confidential-mediation-statement.docx
Parties
Verimark Hospitality Group Inc
Coastal Palms Franchise Holdings LLC
Harkness LLP
Plaintiff Verimark Hospitality Group Inc
SUMMARY Verimark Hospitality Group Inc
Suncoast Room Management Inc
Associates CPAs LLP
Ridgeline Forensic Advisory LLC
Dates
March 8, 2024
February 9, 2024
June 15, 2007
September 3, 2019
October 28, 2022
November 8, 2021
November 22, 2021
January 18, 2022
February 4, 2022
February 28, 2022
Amounts
$1.42
$218
$197.8
$150
$16.095
$28.4
$105.5
$80
$110
$12.50
Obligations
Each franchisee is required to pay Verimark a royalty fee equal to 5% of monthly GRR
Each franchisee is required to contribute 2
The FLA provides that any amounts not paid when due shall bear interest at the rate of 1
1, Verimark must provide written notice of a material breach and afford the franchisee a 30-day cure period
2(c) expressly provides that "systematic underreporting of Gross Room Revenue shall constitute a material breach that is incapable of cure
6 provides that any franchise-fee amounts not paid when due shall bear interest at the rate of 1