One thing really stands out, which is that Bricks and Minifigs is pointing the finger at the franchisee for an "unauthorized" consignment deal. While the blog post has a screenshot of the contract specifically allowing consignments. Which undercuts a large part of the corporate argument.
There was a livestream last night where the Bricks and Minifigs COO said that the franchise agreement has a clause saying that the operations manual overrules the franchise agreement and they can update the operations manual at any time. BAM's court filing instead says that the franchise agreement allows consignment services, but "limited expressly to those approved by BAM".