This morning, Maryland’s franchise chief, Dale Cantone, warned franchise companies about failure to follow ASC 606 when filing for registration.
The Virginia State Corporation Commission is considering implementing a new exemption to its disclosure and registration law for large initial franchise investments in excess of $5 million.
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.
A federal court in Seattle has denied the International Franchise Association’s request to enjoin the portions of Seattle’s minimum wage law that discriminate against franchisees.
Franchisees and franchisors continue to fight new minimum wage laws by U.S. cities that discriminate unfairly against small business owners who are affiliated with franchise systems. Are these types of laws “industry specific” within the meaning of Item 1 of the Franchise Disclosure Document?
The NLRB’s General Counsel, Richard Griffin, recently explained his McDonald’s “joint employer” opinion to a group of law students. His comments offer some hope for franchisors concerned with his determination.