Tarnishing The Golden Touch: Court Finds Releases From Midas Franchisees Are Unenforceable.
Mondaq Business Briefing › Nbr. 2009, January 2009
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Tarnishing The Golden Touch: Court Finds Releases From Midas Franchisees Are Unenforceable.
The recent decision of the Ontario Superior Court of Justice in 405341 Ontario Limited v. Midas Canada Inc. (Midas) calls into question several common practices of franchisors in Canada. These practices are:
Requiring Releases on Transfer or Renewal: Many franchisors commonly require franchisees to provide a release of the franchisor upon the renewal or transfer of a franchise agreement. However, Midas brings into question the enforceability of such re...See the full content of this document
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