Posted by Elizabeth Gore-Jones
on 14 December 2023
Delicia Franchising has admitted in an undertaking provided to the ACCC that it breached the Franchising Code.
The ACCC identified that the Franchisor’s Annual Marketing Fund Statement for a number of years had not provided sufficient detail of the receipts and expenses for the Fund.
Also, the Franchisor did not provide the financial statements within 30 days.
The Franchisor has committed to:
preparing Annual Marketing Fund Statements with sufficient details and giving them to its...
Posted by Elizabeth Gore-Jones
on 6 December 2023
Unwrapping the 12 Days of Legal Christmas!
Join us on a festive journey through contracts, leases, and franchise joys.
Celebrate the season of legality with a touch of holiday spirit! ???
Merry Christmas and a Happy New Year from all of us at The Franchise & Business Lawyers!
...
Posted by Elizabeth Gore-Jones
on 5 December 2023
On 1 December 2023, the ACCC has reported that penalties totaling $15 million have been ordered against power tool supplier Techtronic for engaging in resale price maintenance.
Techtronic did the following:
1. Entered into agreements with retailers and dealers stopping them from selling products below a specified minimum price;
2. Enforcing the requirement not to sell below that specified minimum price;
3. ...
