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Previous: Sales of Businesses Increase By Tom West
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Revised Ohio Business Opportunity Law Empowers Franchisees
Posted by Ed Teixeira
A report in
BlueMauMau details the newly revised Ohio Business Opportunity Law which protects
the state's franchisees' right to sue a franchisor for false or untimely disclosure.
The law also states that disputes between franchisors and franchisees come
under Ohio laws, even if a franchisor requires an in-state franchisee to sign a
franchise agreement that mandates that a franchisor's out-of-state laws
supersede those of all other states. Although Ohio does not require the
registration of disclosure documents by franchisors, franchisees can sue a
franchisor for errors in the Franchise Disclosure Document, excluding
typographical errors. Click here to read the entire article.
Posted on February 18, 2013 at 11:17 AM
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