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SUNOCO pulling out of Ontario

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Old Feb 8, 2010 | 09:26 AM
  #1  
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SUNOCO pulling out of Ontario

Trade in your Sunoco points while you can.

Suncor announces termination of all Sunoco retailers in Ontario - Retailers launch class action lawsuit seeking up to $200 million for breach of franchise legislation
TORONTO, Jan. 19 /CNW/ - An intended class action lawsuit was commenced today in the Ontario Superior Court of Justice on behalf of all Sunoco service station operators in Ontario against Suncor Energy Products Inc. and its parent company Suncor Energy Inc.- SU:NYSE/TSX.

The lawsuit follows on Suncor's internal announcement last week of its intention to terminate the retailer franchise agreements of all 300 of its independent Sunoco retailers in Ontario. Approximately 100 retail sites will be sold in April, 2010 while the remaining sites will be re-branded under the Petro-Canada banner with different operators. All 300 current Sunoco retailers will be terminated in the process.

The retailers assert in the lawsuit that Suncor failed to comply with Ontario's franchise legislation when they entered into their most recent franchise agreements. This entitles the retailers to rescind their franchise agreements and obtain substantial compensation.

The termination of the Sunoco retailers is part of Suncor's decision to eliminate the Sunoco brand in Ontario following Suncor's amalgamation with Petro-Canada in 2009.

According to the plaintiff's lawyer, David Sterns, "Suncor's franchise operators have been treated as chattels in the amalgamation process. The operation of Ontario's franchise legislation will result in Sunoco's dealers, who built up the Sunoco brand through years of hard work and loyal service, receiving a return on their personal efforts and investments."

This lawsuit underscores the importance of franchise legislation and its potential impact on major corporate restructurings.


For further information: David Sterns at dsterns@sotosllp.com or David Gray at dgray@sotosllp.com; Sotos LLP, (416) 977-0007; The statement of claim in this action may be found online at: www.sotosllp.com
Old Feb 8, 2010 | 11:20 AM
  #2  
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Bye-Bye 94octane.
I dont use currently use Sunoco, mainly since there are so few around.
I did with my Sentra, but I'm not driving it right now.
Old Feb 8, 2010 | 12:32 PM
  #3  
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Not what I wanted to hear. It was hard enough to get 94 Octane for my Caprice already.

Old Feb 8, 2010 | 01:39 PM
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Some Petro-Can's in the GTA (including Miss and Bram) are adding 94 to their pumps.
Old Feb 8, 2010 | 02:07 PM
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nothing beats 94 oct. plus octane booster.... damn.
Old Feb 8, 2010 | 03:16 PM
  #6  
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Originally Posted by stephenfleming
Bye-Bye 94% octane.
lol, thats the first thing that came to my mind. That sucks I've always liked Sunoco
Old Feb 8, 2010 | 08:59 PM
  #7  
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Originally Posted by shart-4
gonna miss the 94 as well sucks.
See post #4

Petro-Can gas staions in Ontario Selling 94 octane (from the PetroCan website)

1. 10115 Bramalea Road
Brampton, Ontario
L6R 1W6
Tel.: (905) 789-0753

2. 5270 Steeles Avenue East
Markham, Ontario
L3S 3J7
Tel.: (905) 470-0616

3. 3680 Hurontario Street
Mississauga, Ontario
L5B 1P3
Tel.: (905) 279-4213

4. 6035 Creditview Rd
Mississauga, Ontario
L5V 2A8
Tel.: (905) 814-8134

5. 10749 Bathurst Street
Richmond Hill, Ontario
L4C 7V3
Tel.: (905) 508-5154

6. 12871 Yonge St.
Richmond Hill, Ontario
L4E 1A3
Tel.: (905) 773-4146

7. 117 Jarvis Street
Toronto, Ontario
M5C 2H6
Tel.: (416) 216-6757

8. 3733 Highway 7W, R.R. #2
Woodbridge, Ontario
L4L 1A6
Tel.: (905) 264-0041

Last edited by Mahna Mahna; Feb 8, 2010 at 09:04 PM.
Old Feb 17, 2010 | 11:17 PM
  #8  
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man that sucks im located in the prime area of sunaco lol
Old Feb 24, 2010 | 05:06 AM
  #9  
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Originally Posted by Necrotura
dude this ****ing sucks. How am I supposed to get 94 octane in my turbo'd car now? Damn...
oh i dont know... maybe any of the already above mentioned retailers?

At least Petro is starting to distribute before Sunoco's close. I just feel really bad for the retailers but im glad they are fighting for their rights on this one.
Old Feb 25, 2010 | 07:28 AM
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I don't really care for 94 because I've never owned a car, even with a built motor, that would need 94. Still sucks though.



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