SAT Agiyar, LLC v. 7-Eleven, Inc.
The Third Circuit affirmed summary judgment for 7-Eleven in a franchise dispute, ruling that the franchisor had valid grounds to rescind the agreement due to the franchisee's failure to maintain required net worth and operate as a 24-hour store. The court further held that 7-Eleven's refusal to permanently waive penalty fees did not violate the implied covenant of good faith and fair dealing.