Today's news for the franchise & small biz owner

Log In / Register | May 24, 2013

Marks and Klein Disqualified for Hiring Quiznos Lawyer

Middlesex County, NJ – After Marks & Klein represented 8,000 franchise owners in litigation and spearheaded a $206 million class action settlement, an appellate court ruled last week to disqualify the firm in representing another Quiznos franchisee. The high court cites a conflict in attorney-client privilege when the law firm hired one of the franchisor’s lead attorneys.

Matco Franchisees Allege SBA Loan Fraud

TD Bank, Washington D.C. Chinatown
TD Bank, Chinatown, D.C. by Matt Bisanz, wikipedia

Franchisees David Villano III and his father David Villano, Jr. are accusing Matco Tools, with accomplice TD Bank, of devising a secret scheme that allowed the franchisor to sell franchises through fraudulent small business loans.

Again, Judge Allows Edible Owners to Prove Claims

Franchisor edible arrangements prefers to eat its franchisees one at a time when it comes to lawsuits
Franchisor prefers eating suits one at a time, not clustered. photo/flickr

BRIDGEPORT, Conn. – After a judge refused to dismiss a lawsuit brought by the independent franchisee association of Edible Arrangements, franchisor attorneys unsuccessfully decided to try one more shot.

Edible Franchisee Survey Results

Franchisee Survey: How satisfied are you with your store's profitability?
Edible Arrangement Franchisee Survey. Source/EAIFA

WALLINGFORD, Conn. – Edible Arrangements’ CEO Tariq Farid dismissed the notion that the majority of his franchise owners were unhappy during a court-ordered settlement meeting last month.

Edible Franchisee Association Goes to Trial

A shuttered Edible Arrangement shop in New York City
A shuttered Edible Arrangement shop in New York City, photo/psteinberg

BRIDGEPORT, Conn. – After Edible Arrangements International, Inc. tried to get a district judge to dismiss a lawsuit by an independent franchisee association for lack of standing, he denied its request, allowing the case to go to trial.