Today, I attended Part I of a new International Franchise Association series hosted by Dan Monaghan of Clear Summit Group exploring the opportunities and threats to franchising created by artificial
Continue Reading How Franchisors Can Use Artificial Intelligence (AI) to Improve their Franchise System and Help FranchiseesLast year, the North American Securities Administrators Association’s (NASAA) launched the Franchise Electronic Filing Depository System (“FRED”), the nationwide online filing portal for state franchise registration and exemption filings. Going
Continue Reading Franchise Renewal Season is Coming so What’s New with FRED?This week the Washington Securities Division announced that it is considering an amendment to the Washington Administrative Code (“WAC”) to formally adopt the Statement of Policy Regarding the Use of
Continue Reading Washington Moves to Adopt NASAA SOPThis fall we posted about the North American Securities Administrators’ (NASAA) adoption of a Statement of Policy Regarding the Use of Franchise Questionnaires and Acknowledgments (the “SOP”). Technically, NASAA’s SOP
Continue Reading Update: This New Year’s Eve say Auld Lang Syne to Old Franchise Questionnaires and AcknowledgementsAs expected, the majority of this year’s State Regulatory Update Workshop at the Annual ABA Forum on Franchising Annual Meeting in San Diego, focused on the new NASAA Statement
Continue Reading Don’t Forget to Check Your Auditor’s Certification Before Franchise Renewal Time!I had the pleasure this year along with fellow franchise attorneys, Gerry Wells of Rita’s Franchise Company and Allan Hillman of Garcia & Milas, to present at the ABA
Continue Reading Is a National Program for Franchise Broker Registration Coming and Other Franchise Broker Tips & Takeaways
The right to rescind (or void) a contract is an extraordinary remedy. However, as franchise lawyers know, certain states provide franchisees a right to rescind a franchise agreement in certain
Continue Reading Unintended Consequences of Franchise Rescission RightsWhen a business is deciding to franchise its concept, the task “to-do” list is never-ending. Identifying the most critical issues and deciphering what are “necessities” vs. “nice-ities” for an emerging
Continue Reading Decoding the “Necessities” vs. “Nice-ities” for Emerging Franchise BrandsThe recent case of Rhine Enters v. Refresco Beverage out of the federal district court of the Southern District of Illinois should be a reminder to licensors and manufacturers
Continue Reading Recent Illinois Case A Reminder of Broad Scope of “Franchise Fee” ElementAs expected, the North American Securities Administrators Association (NASAA) announced last week that it voted to adopt a “Statement of Policy Regarding the Use of Franchise Questionnaires and Acknowledgements
Continue Reading NASAA Adopts New Franchise Questionnaire Policy