The International Franchise Association’s (IFA) fourth annual California “Franchising Day” is set for March 8, 2016. The goal of Franchising Day is to inform California legislators about some of the key issues affecting the franchise industry.
U.S. Small Business Administration Suggests Rule Changes for Franchisor Affiliates
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.
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”).
Do You Have this Unfair and Illegal Provision in Your Franchise Agreement?
Last night I reviewed a franchise agreement and found a surprising, and illegal, provision buried deep in the contract. If ever there was a compelling case for being careful when you are choosing legal counsel, I just found the provision that makes it.
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.
