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FAQs

What are the consequences of rescission?

Upon rescission, the franchisor is legally obligated to repay the franchisee all money it received from the franchisee, repurchase from the franchisee all the supplies and equipment that the franchisee had purchased, and compensate the franchisee for any other losses that the franchisee incurred in acquiring setting up and operating the franchise.

© 2015 Lawrence, Lawrence, Stevenson LLP

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43 Queen Street West, Brampton, ON, Canada L6Y 1L9
Telephone: 905.451.3040 Fax: 905.451.5058 Email: lls@lawrences.com

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