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Log In / Register | Nov 26, 2014

Franchisee Victory Highlights Lessons

The Billy Baxter’s Court of Appeal ruling in favor of the franchisee to the tune of $1.2M has law firms and the Franchise Council of Australia prospecting for additional revenue from Australia’s franchisors.

Spar Low Blow Exposes Hit for All Australians

Appearing as a witness in the Victorian Supreme Court can be embarrassing.  The former CEO of the Australian Spar franchisor probably had to reveal more information than he preferred. But that is just a preliminary issue to greater consequences going far beyond the regulation of franchising. Milk War!

Financing Becomes More Competitive for Franchisors, Urged to Report More Clearly

Jonathan Maze of Franchise Times and The Restaurant Finance Monitor is reporting from Las Vegas, where the Franchise Finance Conference is underway through Wednesday.

Why Don’t More Franchisors Disclose Info Under Item 19?

An Item 19 disclosure is an optional franchisor financial disclosure made in the Franchise Disclosure Document (“FDD”).

Jim’s Short on Court Disclosure

Jim's Group, Australia’s second largest franchisor, is claimed to have failed to fulfil his legal obligations in disclosure documents. Jim's is accused of misleading franchisees concerning UK litigation.

Franchising Code Changes Finalised

MP Craig EmersonCANBERRA: The Minister for Small Business in Australia has released an outline of changes to the Franchising Code of Conduct.  Franchisees will be denied reviewing the detailed amendments until they are published by the ACCC. 

Due Diligence for Dummies

Is due diligence something difficult? Should it be done by someone else?

Consider the words of franchise attorney Rupert Barkoff in the New York Law Journal on Sep 24: