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Franchises

Franchise rescission no relief from loan obligations

Written by on August 31, 2018.

Last week, Perell J. granted summary judgment to the Royal Bank of Canada (“RBC”) for indebtedness owed by Everest Group Inc. (“Everest”), a franchisee which had sought to rescind its franchise agreement.[1] Perell J. refused to require the bank to forebear exercising its rights until the franchisee could be refunded amounts claimed in accordance with the rescission. In late 2015, Everest entered into a franchise agreement with Paramount Fine Foods to operate a restaurant at Yorkdale ...

Siskinds Franchise Law Group Named Global Leader in Franchise Law

Written by on May 19, 2016.

Congratulations to Peter Dillon and the franchise law group, for being named a Canadian leader in franchise law in the Corporate LiveWire 2016 Global Awards! These awards recognize individuals and companies in the corporate finance sector that have demonstrated great achievements in the past 12 months. Each firm has been put under great scrutiny by the Corporate LiveWire judging panel, recognizing the most client-focused and dedicated teams and individuals. Learn more about the Corporate Live...