Joe: We Need More Franchise Law Carve-Outs

June 18, 2013 Dear Client: Consolidation consultant Joe Thompson of IBG recently came out of the closet. No, not that closet. In fact he recently re-married ..... again. No, Joe came out and voiced his support of small brewer carve-outs at the state level from franchise laws. Carve-outs, as you probably know, are exceptions in the state law which allow for brewers under a certain size and usually under a certain percentage of a distributor's volume to terminate that distributor