Cohn v. Taco Bell Corp.

MEMORANDUM OPINION AND ORDER

NORDBERG, District Judge.

Plaintiffs RLC Enterprises, Inc. and its president, Richard L. Cohn, have held a number of restaurant franchises of the defendant, Taco Bell Corp., since 1983. On June 6, 1989 the parties signed a letter of agreement spelling out the conditions under which plaintiffs would be granted two new franchises. Plaintiffs have alleged that defendant has breached implied covenants of good faith in both the letter agreement, and the parties’ franchise agreements first, by acting to see that the conditions of the letter agreement would not be met, and…