In many cases, there is little statutory or judicial guidance on the proper preparation of franchise disclosure documents leaving lawyers who need to properly advise their clients with more questions than answers, including:

• Who is an “officer” for the purposes of preparing an FDD under the Wishart Act?
• Are financial statements prepared in accordance with US standards  “at least equivalent” to the standards required under the Wishart Act?
• What hath the Pet Valu decision wrought? Is there now going to be a continuing disclosure obligation of all material facts during the term of the franchise agreement?
• What to do when a client does not want to include in their FDD what the lawyer believes is a material fact.

View this highly informative discussion on these four challenging and very current issues.

PROGRAM CHAIRS

Larry Weinberg, Cassels, Brock & Blackwell LLP
Jordan Druxerman, Garfinkle Biderman LLP

SPEAKERS

Dixie Ho, Morrison Brown Sosnovitch LLP
Mark Jackson, Welch LLP
Andrae Marrocco, Dickinson Wright PLLC
Dominic Mochrie, Osler, Hoskin & Harcourt LLP
Kathy Steffan, Welch LLP