Franchise & Distribution Law

The Revenue Recognition Roller Coaster: Get Ready for the Ride

Lots of unexpected twists and turns await franchisors in this new ruling that is far from straightforward.

RollercoasterYou might think that you know all about the Financial Accounting Standards Board’s new Revenue Recognition Standard that will take effect in 2018 for public companies, and 2019 for private companies. Continue reading

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Franchise & Distribution Law

Watch Your Step in Crossing the US Border

us and canada flagsAccording to the Government of Canada, “Canada and the United States enjoy the longest, deepest, most peaceful, and mutually beneficial relationship between any two countries in the world. No two nations depend more on each other for their mutual prosperity and security than the US and Canada.”[1] In 2016, bi-lateral trade between Canada and the U.S. exceeded CAD$841 billion. Continue reading

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Franchise & Distribution Law

Andrae Marrocco named a 2017 Franchise Times Legal Eagle

Legal-Eagles-800px-11e8037c[1]Andrae Marrocco, Partner in the Toronto office of cross border law firm Dickinson Wright, has been selected as a 2017 Legal Eagle by Franchise Times. The annual list of Franchise Times Legal Eagles recognizes the best attorneys in franchising (across the US and Canada) as nominated by their clients and peers, and selected by the editorial board after additional research by Franchise TimesContinue reading

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Franchise & Distribution Law

Five Commonly Overlooked Provisions in International Franchise Agreements

International FranchiseFranchising has become one of the most popular business expansion options, one that is particularly effective when developing into international markets. Franchises that grow with a well-structured system, a thoroughly thought out plan, and exceptional legal documents have the best chance of success. Systems that look to expand without these key elements can end in disaster. There are several matters that a modern franchise agreement should address when growing internationally however they are frequently overlooked. Don’t be caught out by these five pitfalls. Continue reading

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Corporate / M&A Law, Franchise & Distribution Law

Canadian Government Seeks Input for Innovation Agenda

Innovation - CopyIn September 2015 a new government was elected in Canada on a platform of significant change. Its first budget, tabled in March, outlines a plan for implementation of that change. A significant part of the budget – upwards of $3 billion CAD – is committed to the encouragement of innovation. Continue reading

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