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FRANCHISING - Disclosure requirements - Remedies - Rescission

Friday, February 16, 2018 @ 8:33 AM  

Appeal by ASWR from summary judgment granted in favour of Raibex. The parties entered a franchise agreement giving Raibex the right to acquire and operate a wings and ribs franchise. Neither the agreement nor the franchise disclosure document specified a site for the franchise. The agreement stipulated that a suitable location would be selected through reasonable best efforts by both parties. The disclosure document included an estimated range of costs for constructing an operating site from a shell, but did not provide cost estimates for converting...