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Two Issues of Interest to Franchisors and Franchisees



by Gayle E. Cannon
Haynes and Boone, LLP - Austin Office

Pierre Grosdidier
Haynes and Boone, LLP - Houston Office

Leigh N. Ganchan
Haynes and Boone, LLP - Houston Office

August 19, 2009

Previously published on August 10, 2009

Franchisors have received a reprieve from the Federal Trade Commission (FTC). The Fair and Accurate Credit Transactions Act (FACTA), also commonly referred to as the "Red Flag Rules," was supposed to become effective August 1, 2009. The FTC has now extended the effective date for 90 days, until November 1, 2009.


 

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