Docklands Solicitor
Latest legal news from Docklands Solicitors, Kaslers Solicitors LLP.
Wednesday, 14 April 2010
Franchisors beware!
Normally when a buyer enters into a transaction, he is responsible for checking out matters himself - 'caveat emptor' or 'let the buyer beware'.
However, in a franchise situation, the Courts may well hold that the experienced franchisor has a duty of care to a novice prospective franchisee for example, in such matters as advising them of the likely cost of a shop fit.
It is tempting to paint too rosy a picture when trying to entice a prospective franchisee into paying a franchise fee and a recent court case has shown how dangerous that can be
Call Michael Breeze 07 900 195 195 for advice on commercial matters
However, in a franchise situation, the Courts may well hold that the experienced franchisor has a duty of care to a novice prospective franchisee for example, in such matters as advising them of the likely cost of a shop fit.
It is tempting to paint too rosy a picture when trying to entice a prospective franchisee into paying a franchise fee and a recent court case has shown how dangerous that can be
Call Michael Breeze 07 900 195 195 for advice on commercial matters
Labels: franchise, legal advice
# posted by michael @ 14:30 
Subscribe to Posts [Atom]
Archives
- October 2008
- November 2008
- December 2008
- January 2009
- February 2009
- March 2009
- April 2009
- May 2009
- June 2009
- July 2009
- August 2009
- September 2009
- October 2009
- November 2009
- December 2009
- January 2010
- March 2010
- April 2010
