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CLARK v. AMERICA'S FAVORITE CHICKEN CO.

No. 96-30364.

110 F.3d 295 (1997)

Rogers W. CLARK, Jr., Roger R. Burney, Franchise Management Unlimited, and Seven Mile Catering, a Michigan copartnership, Plaintiff-Appellants, v. AMERICA'S FAVORITE CHICKEN COMPANY, a foreign corporation and Canadian Imperial Bank of Commerce, a foreign corporation, jointly and severally, Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

April 22, 1997.

Attorney(s) appearing for the Case

Gene W. Lafitte, Sr., George W. Denegre, Jr., Shaun G. Clarke, Shannon S. Holtzman, New Orleans, LA, for Plaintiffs-Appellants.

James C. Rubinger, James Knox, Wiley, Rein & Fielding, Washington, DC, Steven W. Copley, Gordon, Arata, McCollam & Duplantis, New Orleans, LA, Ernest E. Svenson, New Orleans, LA, for America's Favorite Chicken Company, a foreign corporation, Defendant-Appellee.

David Brian Johnson, Sidney & Austin, Chicago, IL, Robert Ellsworth Durgin, New Orleans, LA, for Canadian Imperial Bank of Commerce, a foreign corporation, jointly and severally, Defendant-Appellee.

Before HIGGINBOTHAM, DAVIS and BARKSDALE, Circuit Judges.

W. EUGENE DAVIS, Circuit Judge:

Appellants, owners of several Popeyes Fried Chicken franchises in Detroit, Michigan, appeal from the district court's summary judgment order dismissing their claims against America's Favorite Chicken ("AFC") and Canadian Imperial Bank of Commerce ("CIBC"). We affirm.

I.

Beginning in 1978, appellants Rogers Clark, Jr. and Roger Burney entered into option agreements with Popeyes...

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