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PLANO, Tex. (Blue MauMau) – The sudden insolvency of Bennigan’s and Steak & Ale brands by filing Chapter 7 bankruptcy on July 29 has left behind many questions for its franchise owners.
SAN DIEGO (Blue MauMau) - The Chair of the American Association of Franchisees and Dealers, Robert Purvin, says that the organization's accredited franchise agreements should not be seen as an endorsement to buy that franchise.
DETROIT (Blue MauMau) - Franchisees in Detroit filed a federal lawsuit against Dunkin' Donuts last Thursday accusing the franchisor of unlawfully withholding consent in permitting them to transfer ownership of their stores to qualified buyers.
WASHINGTON D.C. (Blue MauMau) - Craig Tregillus, the Federal Trade Commission's new Franchise Rule Coordinator, spoke with Blue MauMau about the new franchise rule.
You say that your franchisor lied to you about earnings, but you cannot sue because you signed a clause that said you were not relying upon what the franchisor told you about earnings?
You say that your franchisor lied to you about rebates, but you cannot sue because you signed a clause that said you were not relying upon what the franchisor told you about rebates?
You say that your franchisor lied to you about [fill in the blank], but you cannot sue because you signed a clause that said you were not relying upon what the franchisor told you about [fill in the blank]?
And without reliance, you cannot prove legal misrepresentation, or that the lie was a proximate cause of your loss. And so no attorney will take your case?
Well, very recently, the Supreme Court of the United States just handed a big gift to potential franchisees in the case BRIDGE ET AL. v. PHOENIX BOND & INDEMNITY CO in their rule about fraud and RICO actions.