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.
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!
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.
CANBERRA: 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.