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Two Issues of Interest to Franchisors and Franchisees


by Gayle E. Cannon View Biography
Haynes and Boone, LLP View Firm Credentials
Austin Office

Pierre Grosdidier View Biography
Leigh N. Ganchan
Haynes and Boone, LLP View Firm Credentials
Houston Office

August 20, 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.


 

The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.


 

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