Legal Question in Business Law in Florida
Extortion
I own a franchise and I fell behind in my payments and was placed on COD for my food deliveries. The franchisor is demanding an additional $600.00 weekly on top of the actual food invoice or they will not deliver my food order. Also, they constantly use the threat of shutting me down before I am able to sell my store if I do not make other additional payments.
Does this fall under the RICO ACT definition for extortion?
Asked on 11/26/06, 8:50 pm
1 Answer from Attorneys
Michael Stewart
Michael D. Stewart
Re: Extortion
Who is the franchisor?
Answered on 11/26/06, 10:43 pm
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