Sentences with phrase «with franchise disclosure»
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.
https://www.lawworks.ca/ Not exact matches
No offer or sale of a restaurant will be made except by a franchise disclosure document first filled and registered with applicable state authorities.
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 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.
Pay close attention to the franchise disclosure document and whether other franchisees are working with the same terms.
Failure on the part of the franchisor to comply with disclosure obligations provides the franchisee with an extraordinary remedy — it allows a franchisee to rescind the contract within two years and to obtain the return of its investment in franchise fees, inventory and equipment costs.
Frith says it's becoming increasingly challenging to comply with the franchise legislation in Ontario and have confidence a franchise disclosure document is compliant.
He recently set new law with respect to Ontario litigation procedure, upheld on appeal new franchise law relating to what rescission rights are available when a disclosure document is provided by e-mail, and set new franchise law at the intersection of the Wishart Act and the Personal Property Security Act.
Arbitrated and mediated matters in connection with breach of contract, mergers and acquisitions, fraud, corporate disclosure issues, franchising, accounting disputes, and partnership dissolution
In part 2 of our interview with franchise lawyer, Chris Horkins, we speak about good faith obligations and whether there is an ongoing duty of disclosure.
Franchisees are provided with extensive franchise disclosure in Ontario, Alberta, Manitoba, New Brunswick and Prince Edward Island.
A franchise is offered in many jurisdictions only by delivery of a franchise disclosure document to you in compliance with applicable franchise sales laws.
We will not offer you a franchise in states or other jurisdictions where registration is required unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state.
If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements or an applicable exemption in your jurisdiction.
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.
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.