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Business Opportunities Federal Trade Commission (FTC)

Hinch Newman LLP

FTC Action Leads to Settlement Against Defendants Alleged to Have Operated a Business Opportunity Scheme

Hinch Newman LLP on

On August 8, 2024, the Federal Trade Commission announced that as a result of a lawsuit, two defendants that allegedly helped operate a purported business opportunity scheme known by several names have agreed to settlements...more

Orrick, Herrington & Sutcliffe LLP

FTC temporarily halts unlawful business opportunity scheme

On August 22, the FTC announced that the U.S. District Court for the Southern District of California recently issued a temporary restraining order against a business opportunity operation for allegedly engaging in deceptive...more

Hinch Newman LLP

FTC Compliance Attorney Foreshadows Evolving Biz Opp Rule to Include Money-Making, Business Coaching and Mentoring, and eCommerce...

Hinch Newman LLP on

The Business Opportunity Rule (“Biz Opp Rule”) was first adopted in 2012. It applies to commercial arrangements where a seller solicits a prospective buyer to enter into a new business, the prospective purchaser makes a...more

BakerHostetler

16th Public Commission Meeting - All About the Biz Opp Rule

BakerHostetler on

So today’s Federal Trade Commission (FTC or Commission) meeting was a bit of a narrowly focused affair – all about the Business Opportunity Rule (Rule), which is a long-standing FTC rule that generally requires “business...more

Kelley Drye & Warren LLP

Next Stop on the FTC’s Rulemaking Train: Proposed Revisions to the Business Opportunity Rule

Kelley Drye & Warren LLP on

In today’s open meeting, the FTC voted unanimously to issue an Advance Notice of Proposed Rulemaking (ANPR) considering expansions to and revisions of the FTC’s existing Business Opportunity Rule (“BOR”). This will be the...more

Venable LLP

FTC to Dun & Bradstreet: Change Credit Reporting Operations to Benefit Business Customers

Venable LLP on

Last week, the Federal Trade Commission (FTC) announced that it agreed to settle claims against Dun & Bradstreet (D&B), a business credit reporting agency engaged in deceptive and unfair practices with small and mid-sized...more

Lippes Mathias LLP

Dealing With Disclosure Requirements for Franchises and Business Opportunities

Lippes Mathias LLP on

Everyone is familiar with franchises – if you have been to a McDonalds® or a Starbucks®, chances are the location is operated by a franchisee. Less familiar, at least in terms of national name recognition, are ventures...more

Seyfarth Shaw LLP

Auto Manufacturers: Don’t Forget the Amended Franchise Rule When Considering New Business Opportunities

Seyfarth Shaw LLP on

As competition intensifies and auto manufacturers and distributors look for new ways to realize value from their brands, they and their counsel would do well to familiarize themselves with the Federal Trade Commission’s (FTC)...more

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