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Mihalcik v. Illinois Employers Insurance of Wausau

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Opinion
94 L. Ed. 2d 149 · Supreme Court of the United States · Feb 23, 1987
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Mihalcik v. Illinois Employers Insurance of Wausau
Indiana Court of Appeals · Dec 31, 1992
Seventh Circuit · Nov 24, 1992
S.D. Florida · Oct 9, 1992
First Circuit · Sep 28, 1992
Parentheticals
holding that even though Indiana law allows a duty, franchisor had no duty to disclose sale of the corporation to franchisees
noting that statements about the future of the franchise are “puffing” and are not actionable
“[i]n a sales or marketing context, and franchisor-franchisee negotiations certainly are to be placed in that context, such expressions of opinion are known as ‘puffing,’ ‘trade talk,’ or ‘sales talk’ and do not constitute actionable fraud”
Schott Motorcycle Supply, Inc. v. American Honda Motor Company, Inc.
where (1) plan provided that employer could approve actuarial factors from time to time, (2) employer approved certain actuarial factors pursuant to the plan provision, and (3) employer later approved new factors, latter action was not an amendment of the plan