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http://www.goldmanhine.com
November 23, 2010
Rescission under 6(2) of Wishart Act granted for wholly deficient disclosure document on summary judgment
(MBCO Summerhill v. MBCO Associates, 2010 ONSC
http://www.wikidfranchise.org/20101123-rescission-under
of the disclosure document do not meet the legal requirements of the AWA.
The two-year deadline applies if no disclosure document is provided or if the disclosure document is materially deficient in the sense
http://www.wikidfranchise.org/20100322-advising-the
whether this educational document is to form part of the disclosure document, which would entitle a franchisee to a number of remedies for deficient disclosure or no disclosure, such as the rescission
http://www.wikidfranchise.org/20101110-lexpert-franchisors
favorable to franchisees, Courts extremely picky about shoddy disclosure practices, Credence goods: taking advantage of the innocents, Credibility, Disclosure document is deficient, Disclosure document
http://www.wikidfranchise.org/20100809-ontario-courts
of rescission, the franchisor says: ‘Sue me’," Hanuka said. "If the franchisor is bad enough not to give you a disclosure document to begin with, most likely he will not refund the money,'' as we have seen with 3
http://www.wikidfranchise.org/20060316-regulator-could
the same
Cruellest lies are often told in silence
Current franchisees can’t talk freely
Disclosure documents are deficient
Franchise investors deprived of information
Gag order (confidentiality agreement
http://www.wikidfranchise.org/the-marriage:courting
specifically state that a disclosure document must be used only for the offer and sale of franchises in the U.S. This statement should also indicate that this is a clarification and reiteration
http://www.wikidfranchise.org/public-comment-199
that first personal meeting.
Furthermore, I would also strongly urge that no change be made in requiring the UFOC disclosure documents to be provided to prospective franchises at the "first personal meeting
http://www.wikidfranchise.org/19971030-comment-116-public-comment
, Deposit money not refunded, Disclosure documents are deficient, False earnings claims, False success claims, Fear, distrust, hate and contempt, Franchisees are frequently the canary in the fraud mine
http://www.wikidfranchise.org/20090519-accc-stuff
that some office needs to vet the disclosure document and that there needs to be in place some kind of dispute resolution mechanism?
Mr Fitzpatrick: I'd like to see a dispute resolution mechanism, but I don't
http://www.wikidfranchise.org/20000307-jim-fitzpatrick
