Sentences with phrase «franchise disclosure»

We have drafted and updated dozens of franchise disclosure documents (under the old UFOC format and the FTC's current FDD format) and obtained state franchise registrations and exemptions in every state.
It was the subject matter of commentary by many lawyers in the Ontario Franchise Law Bar and is an important court decision in the development of franchise disclosure law.
Rescission under Ontario's Arthur Wishart Act (Franchise Disclosure), 2000, and comparable franchise disclosure legislation in other provinces, is a dramatic remedy.
More importantly, the decision has played a pivotal role in shaping, and continuing to shape, these multitude fundamental aspects of Ontario franchise disclosure law:
The report also recommends updating the Arthur Wishart Act that deals with franchise disclosure to create more disclosure certainty for users.
From the date of your individualized franchise disclosure presentation, you will have a minimum of 16 calendar days to make a decision on whether or not you want to move forward and start your future with Anago.
A franchise offering can be made by us only in a state if we are first registered, excluded, exempted or otherwise qualified to offer franchises in that state, and only if we provide you with an appropriate franchise disclosure document.
According to the company's franchise disclosure Bigger Lover dating, the UK's largest plus sized dating website where bigger is definitely better.
You may think it's obvious that, as an IP specialist, you aren't thinking about the client's tax exposure or franchise disclosure obligations... but to some clients, a lawyer is a lawyer.
Franchise rescission claims under provincial franchise disclosure legislation have been accelerating in recent years.
There appears to be lack of appreciation of the role that this provision can have in the developing jurisprudence of pre-sale franchise disclosure claims in Canada.
Franchisees are provided with extensive franchise disclosure in Ontario, Alberta, Manitoba, New Brunswick and Prince Edward Island.
Franchises are offered only by franchise disclosure docu - ment presented by EXIT Realty Florida.
That sort of shared liability, if the case ends up with defeat for GM, could be a concern for larger companies seeking to do business in Canada, given that a non-Canadian parent is not even a party to franchise disclosure documents.
The arbitration involved a dispute between a franchisee and franchisor over compliance with Ontario's franchise disclosure legislation, the Wishart Act.
Justice Morgan of the Ontario Superior Court of Justice found that the Act did not apply to the License Agreement for the following reasons: The parties expressly agreed that franchise disclosure laws such as the Act did not apply to the License Agreement.
Read the franchise disclosure document carefully, and then read it again.
Because earnings representations may be misleading, franchisors usually don't allow their sales representatives to make claims about sales, income or profits unless the claims are included in the franchise disclosures the franchisor must give you.
No offer or sale of a restaurant will be made except by a franchise disclosure document first filled and registered with applicable state authorities.
Franchisors are required to supply a franchise disclosure document, which contains information on the backgrounds of the executives involved in the franchise company and other information.
Certain states require that we register the franchise disclosure document in those states.
Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the franchise disclosure document to the prospective franchisee that complies with applicable law.
A franchisor needs to hire attorneys to help draw up a franchise disclosure document and a franchise agreement, both required by the Federal Trade Commission.
The offer of a franchise can only be made through the delivery of a franchise disclosure document.
Pay close attention to the franchise disclosure document and whether other franchisees are working with the same terms.
Frith says it's becoming increasingly challenging to comply with the franchise legislation in Ontario and have confidence a franchise disclosure document is compliant.
The Ontario Superior Court of Justice decision in Caffe Demetre v. 2249027 Ontario Inc., 2014 ONSC 2133, involved a partial summary judgment motion to dismiss the franchisee's rescission claims (in its counterclaim) under the franchise disclosure legislation in Ontario, the Arthur Wishart Act (Franchise Disclosure), 2000 (the «Act»).
A franchise disclosure document may not be considered as a «Disclosure Document» under the Act and the Regulation if it fails to contain key requirements under the Act and Regulations.
The answer to whether a franchisee is entitled to get out of a franchise agreement broadly depends on one or both of the following conditions: whether either party broke the franchise agreement, or, where required under provincial law, whether the franchisor failed to deliver a franchise disclosure document.
MGDC and its affiliates claimed that their arrangement with Authentic Brands Group LLC was itself a «franchise agreement» under Ontario's Arthur Wishart Act (Franchise Disclosure), 2000, and that they were entitled to a rescission (cancellation) of the arrangement because they had not been provided with a franchise disclosure document.
A rescission cancels all franchise contracts on the basis that the franchisor failed to deliver a franchise disclosure document.
McEwen also determined GM Canada did not breach the Arthur Wishart Act (franchise disclosure), 2000.
First, in the analysis of whether a franchisor is exempt from providing a franchise disclosure document in a renewal, the court needs evidence, and it must be conclusive, about the material differences between the original and then - current franchise agreements and their factual context.
Also as part of his decision, McEwen found that General Motors of Canada Ltd. did not breach the Arthur Wishart Act (franchise disclosure), 2000.
New York City partner and leader of the firm's Franchise & Distribution practice Craig Tractenberg authored this column on how the diligence process differs for franchisors and the role of the franchise disclosure document.
For instance, if a franchisee alleges that earnings projections contained in a franchise disclosure document are misleading, such a claim may better fit within a claim for misrepresentation rather than a claim for rescission, because it more closely relates to the issue of misleading information rather than omitting material fact disclosure (this is assuming the necessary prescribed information about the earnings projections is properly contained in the disclosure document).
A franchise is offered in many jurisdictions only by delivery of a franchise disclosure document to you in compliance with applicable franchise sales laws.
Franchises are offered only by a franchise disclosure document presented by EXIT Realty Florida.
Certain states require that we register the franchise disclosure document in those states before offering and selling a franchise in that jurisdiction.
Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the franchise disclosure document to the prospective franchisee in compliance with law.
Offers of franchises may only be made by delivery of a franchise disclosure document (prospectus), and in certain states the franchise disclosure document must first have been registered with the state agency that regulates the offers and sales of franchises.

Phrases with «franchise disclosure»

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