I pray that the parents of franchise bar lawyers can forgive their brats for squandering their lives trading in franchisee deceit.

November 9, 2019

Is there a special place in hell for those that prey on the most vulnerable?


Franchising and the Tyranny of Evil Men

April 2, 2018

Some money costs too much. It may not nececessarily be up to us to decide what source nurtures or what source poisons.

And I will strike down upon thee with great vengeance and furious anger those who would attempt to poison and destroy my brothers. And you will know my name is the Lord when I lay my vengeance upon thee..
Ezekiel 25:17


Canadian franchise bankers have learned a great deal about opportunism (self-interest with deceit) from their franchise bar friends.

November 30, 2017

Canadian franchise bankers

Franchising Opportunism

Paper to Industry Canada

EXECUTIVE SUMMARY

1. Modern franchising creates opportunism by separating ownership from control.

2. Economic theory indicates fraud is likely to occur with credence goods or services. Franchise industry system owners, lenders, consultants and lawyers provide credence services.

3. Franchisors sell franchises not only to the public but to their industry peers. A sophisticated fraud model has been developed. Franchisors licence their franchisees’ opportunism to financial institutions and consultants.

4. Fraud requires a tolerant environment.

5. Malfeasance is minimized with a free flow of information regarding material investment risks. The Canadian franchise industry is characterized by high levels of information flow on the all levels with the dramatic exception of the small business investor.

6. The most accurate, independent reputation data is held by those with the greatest barriers of communication.

7. There is sufficient internal and external evidence to warrant halting franchised loan claims and to notify the appropriate federal and provincial agencies for evaluation.

8. Further research is warranted.


Study A Civil Action, 1998: Don’t be a patsy franchisee leader in a Big Tort action.

November 20, 2017

It stopped being about justice the moment the writ was dropped.

The truth is in the bottom of a bottomless pit.

“I don’t have to call anyone, do you?”


It’s important for Canada’s two elite class action franchise lawfirms to give the appearance of a fair fight.

November 15, 2017

Behind the scenes, the amount the franchisor will be paying out to the lawyers has already been agreed to.

Why risk paying out +$1B when $25 million to each law firm (> 0.5%) will trip up the lawsuits?

It’ll never get to trial anyway.


Which shareholder enables the franchisee class-action game?

June 29, 2017

The informal franchisee leaders. The organizers. The “white knights”.

When the class-action fraud sausage explodes, You can’t really blame the lawyers for pandering to your lack of wholeness, wisdom, and confidence.

Can you?


Who profits when a $500-million Canadian class-action franchise lawsuit happens?

June 21, 2017

The least likely are individual franchisees.

That may or may not happen especially when 98% of all lawsuits never make it to trial and withstand an appeal.

The negotiations are held between the 2 lawyers. Franchisees are decision takers.

Parties:

  • Franchisor (defendent) – the only payer, repeat player, credence good monopolists, (happier to pay 2 law firms a lot rather than a little to hundreds of franchisees)
  • Franchisor’s Specialized Law firm – only one in Canada, repeat player, expert credence good provider, member of franchisor association
  • Franchisees (plaintiff) – one time player, only non-credence good player, unskilled but unaware
  • Franchisee’s Specialized Law firmonly one in Canada, repeat player, expert credence good provider, member of franchisor association

Both CDN law firms (one for the franchisor, one for the franchisee) at this level are businesspeople, first and foremost.

The two law firms act as rent seeking coercive monopolists.


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