In the recent case of Hunters Franchising Ltd v Brybond Ltd and Stephen Paul Berson the court considered whether, in the context of a master regional development agreement, (i) the franchisor (Hunters Franchising Ltd) had exercised its contractual discretion irrationally and/or for an improper purpose (in breach of an implied term often called the Braganza principle) when approving or disapproving developmental proposals put forward by its regional master franchisee (Brybond Ltd and Mr...