Meet the Co-chairs - TAGLAW
Smith Moore Leatherwood LLP
Contact: Tony Stumm, Partner
The NSW Court of Appeal recently dismissed a claim by a franchisee who sued the franchisor for loss or damage because the franchisee was not able to prove that the loss or damage was attributable to the franchisor’s misconduct.
The case goes against the trend of many aggrieved franchisees successfully suing for damages based on allegations of the franchisor’s misconduct or misrepresentation.
Contact: Ryan Hardy; Spencer Fane Britt & Browne LLP (Missouri, USA)
In the introduction to this column, we discussed in very broad terms how two people can form a contract for the sale of goods: one person offers to buy or sell, and the other accepts the offer. Simple!
Contact: Ravi Sundara; Spencer Fane Britt & Browne LLP (Missouri, USA)
Effective January 1, 2014, the IRS now requires the use of a new form, Form 8822-B, for any entity that has a federal Employer Identification Number (FEIN) to report changes in the entity’s “responsible party.” The requirement to file Form 8822-B applies to all entities with an FEIN, including those which are tax-exempt. Although not required, Form 8822-B may also be used to report changes to an entity’s mailing and/or street address.
By: Duncan Cotterill, New Zealand
New Zealand is a country of 4.3 million people situated in the South Pacific some three hours flying time (2000 km/1250 miles) from Australia. Those who do not know the geography well may have an impression that we are much closer to Australia. New Zealand has a rivalry with Australia which is probably similar to Canada’s rivalry with the US.
The majority of the Thresher franchisees are now negotiating with the administrators of First Quench Retail Ltd (FQR) to acquire the premises at which they run their stores so that they can become independent off-licences.
In late December the administrators, KPMG, concluded that they would be unable to find a third party purchaser for the franchised estate (88 stores) of FQR as the only bid received for the franchised business was made on behalf of over half the franchisees by their solicitors Blake Lapthorn. That bid was considered too low and rejected.