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FRANCHISING - Franchisor disclosure - Disclosure requirements - Remedies - Rescission

Tuesday, July 25, 2017 @ 8:26 AM  

Appeal by Mendoza and his company from the dismissal of their summary judgment application to rescind a franchise agreement. Mendoza purchased an Active Tire franchise in June 2015, after months of negotiations. He was not an experienced purchaser. In the months leading up to the purchase, Mendoza received from Active Tire documents and information relating to the purchase, as well as its assistance in retaining an accounting firm to prepare a financial plan with positive projections, upon which the appellants relied in making the decision to...