Soldier suing after being stripped of Subway restaurant franchises

[rainbow4321]

A lot more details in the article, but the stores starting doing poorly when he was away (poor sales, fewer customers), the people he left "in charge" of the stores were allegedly not helping matters and even though there is a claim rent was not paid, the soldier has documentation showing otherwise.


http://www.dallasnews.com/sharedcontent/dws/bus/stories/DN-franvet_21bus.ART0.State.Edition1.3bfb0e4.html

As Batie was returning from Afghanistan, he learned he was being stripped of the two Subway restaurants he bought before mobilizing.

(snip)

The stores were sold to Subway insiders, with one transaction yielding a Subway executive a $100,000 profit, according to a lawsuit Batie filed last year in state court in Dallas County. One issue in the case is set for trial this week.

With both stores gone – and a six-figure debt load remaining – Batie sued under the Servicemembers act. The law bars anyone from terminating an active-duty service member's installment contract, including leases, without a court order.

(snip)

Meanwhile, Batie, who has rejoined the Army full time, said he has negotiated a smaller, confidential, settlement with Comerica Bank and J.P. Morgan Chase. He hopes to see Subway pay that debt.

[knitter4democracy]

1. This is very, very wrong.

It really smells with the insiders making tons of money off of him.

[rainbow4321]

2. Notice where it says that the banks settled with the soldier

If THEY made a settlement over it, Subway may not stand a chance in hell.
They can't unring the bell, though, even if they are in the wrong and settle before it goes to trial, they get to deal with the PR nightmare/fallout.

[gaspee]

3. I'm not usually one for boycotts

Or one to be all rah-rah-rah over soldiers, but from now on, I will be personally boycotting Subway for what they did to this man.

It's the insiders making a tidy profit that makes this so malicious - just bid-ness as usual.