Tariffs may seem like a headline reserved for economists and politicians, but at last week’s International Franchise Association (IFA) Legal Symposium in Washington D.C., they were front and center
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FDD Update Season: Is it time to call your Franchise Litigator?
Contributed by Ari N. Stern, Esq.
January officially starts the “Franchise Disclosure Document (“FDD”) Update Season”. And for franchise lawyers that focus on representing franchisors in the development of FDDs…
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Action by Indiana Securities Division Reminds Franchisors to Watch Those Item 7 Estimated Initial Investment Numbers
The Securities Division of the Indiana Secretary of State issued a press release this week announcing that it filed an administrative complaint against Florida based Mac and Cheese Franchise Operations…
Continue Reading Action by Indiana Securities Division Reminds Franchisors to Watch Those Item 7 Estimated Initial Investment NumbersIndiana Franchise Compliance Alert: Changes Ahead
Indiana issued a compliance alert covering four updates to the Indiana franchise laws to take effect on July 1, 2020. The changes (i) add a duty to update FDD within…
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FDD Item 19 Financial Performance Representations in the Age of COVID-19
With most non-essential businesses closed across the country, it is easy to forget we are two weeks away from the April 30th Franchise Disclosure Document (FDD) update deadline for franchisors…
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(UPDATED) Are State Registration Deadlines Changing under COVID-19? Yes and No (a survey)
This was updated on April 15, 2020, to reflect changes issued by Illinois and Indiana.
This was updated on April 6, 2020, to reflect changes issued by Virginia.
Did You Know? NASAA Releases New Instructions
On May 19, 2019, the North American Securities Administrators Association (NASAA) adopted new state cover sheets and state effective dates page for franchise disclosure documents. Beginning on January 1, 2020,…
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NASAA’s Proposed FDD Cover Page Changes: Helpful or Misleading?
The North American Securities Administrators Association, Inc. (“NASAA”) is proposing to revise the instructions in the NASAA Franchise Registration and Disclosure Guidelines (the “Guidelines”) that outline policies and procedures regarding…
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(Almost) All Your Tricky FDD Drafting Questions Answered
Almost every year at the IFA Annual Legal Symposium in Washington D.C., a panel of distinguished franchise attorneys and state regulators will discuss best practices in drafting a franchise…
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State Regulatory Roundup (ABA Franchise Forum Retrospective)
Each year the ABA Forum on Franchising Annual Meeting offers a regulatory roundup on state disclosure…
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