The U.S. Small Business Administration (“SBA”), in response to pressure by the International Franchise Association, recently changed its position regarding how it views franchise companies and their affiliates for purposes of determining loan worthiness.
Category: Recent Developments
California Legislature Passes Franchise Relations Bill
This week, the California legislature nearly unanimously approved Assembly Bill 525, which would (if signed by Gov. Brown) amend the existing California Franchise Relations Act (“CFRA”).
California Franchise Legislation (AB 525) Moving Through Senate
Tomorrow (Monday, June 29, 2015), California State Assembly Bill (AB) 525 will be considered by the Senate Business, Professions and Economic Development Committee. If passed by the Senate, AB 525 will amend the existing California Franchise Relations Act by expanding protections for existing franchisees.
New Franchise Legislation Passes in California State Assembly
On May 14, 2015, the California state Assembly passed AB 525, a bill that would amend the existing California Franchise Relations Act by expanding the protections for existing franchisees. The bill is now in the Senate for consideration.
IFA Announces Effort to Fight Attacks on Franchise Model
2014 was a challenging year for franchising, seeing two new broad-based forms of attack on the franchise model driven by labor unions. The International Franchise Association has created a coalition to fight back.
BREAKING: NLRB Files Complaints Against McDonald’s, Franchisees Naming them “Joint Employers”
The National Labor Relations Board’s Office of the General Counsel announced today that it has issued 13 consolidated complaints against franchisor McDonald’s USA, LLC and McDonald’s franchisees naming them “joint employers.”
