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2012 marks the further expansion of franchise disclosure legislation in Canada as the province of Manitoba has now proclaimed that its Franchises Act will come into force on October 1, 2012
The issue of whether an unsecured party can purchase a secured party’s debt to shelter its own unsecured debt under the newly acquired security is often debated
The Ontario Court of Appeal has recently released a decision that serves as a reminder to franchisors of their potential disclosure obligations under the Arthur Wishart Act (Franchise Disclosure), 2000 (the “Act”) in cases where a franchise is being resold
