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The Franchise Disclosure Act (Ontario) has introduced a seemingly absolute right of rescission to a franchisee, for breach on the part of the franchisor of its disclosure obligations under the Act
http://www.wikidfranchise.org/20030226-the-franchisees
the franchisee has conducted its own due diligence and has sought independent legal advice.
http://www.osler.com
February 2009
Franchisee Seeks Rescission for Alleged Bad Faith and Negligent
http://www.wikidfranchise.org/20090201-franchisee-seeks
.
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
that the distributorship was a franchise under the Arthur Wishart Act (Franchise Disclosure ), 2000 (the Act), the defendants issued a notice of rescission on August 13, 2004. By then, the defendants’ debt had
http://www.wikidfranchise.org/20080501-does-the
not prove that she sustained damages or is entitled to rescission or any other statutory, common law or equitable relief.
Claimant WW, LLC did not sign the franchise agreement, did not purchase
http://www.wikidfranchise.org/20070328-aaa-award
of rescission exercisable within two years of entering into the franchise agreement.
• The disclosure document must contain copies of all agreements related to the franchise. This includes not only
http://www.wikidfranchise.org/20100322-advising-the
franchisors should be aware of is the rescission right for noncompliance, Zaid said.
Les Stewart, president of the newly formed Canadian Association of Franchise Operators, claim that disclosure
http://www.wikidfranchise.org/19980626-ontario-seeking
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
outlets in area), Ineffective marketing, Raining litigation, Rescission, Gouging on supplies, Secret kickbacks and rebates, Opportunism (self-interest with deceit), United States, 20040610 Five Phoenix-area
http://www.wikidfranchise.org/20040610-five-phoenix
. We might even see franchise brokers requiring indemnity agreements from their franchisor clients. The very powerful remedy of rescission is available to franchisees who never receive a disclosure
http://www.wikidfranchise.org/200100201-how-the
