Raibex decision part II: Definition of ‘material fact’

By Ben Hanuka ( February 8, 2018, 9:04 AM EST) -- As elaborated in the first part of this article on Raibex Canada Ltd. v. ASWR Franchising Corp., the Court of Appeal for Ontario held that disclosure deficiencies justify rescission under subsection 6(2) of the Arthur Wishart Act if the franchisee cannot “make a properly informed decision on whether to invest in the franchise.”...
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