Essentials of the Business Loan Agreement
April 29, 2020Essentials of the Business Loan Agreement A business loan agreement is an agreement between a lender and a borrower, whereby the lender promises to loan money and the borrower promises
Common Law Doctrine of Frustration, Covid-19 and your contractual obligations
April 28, 2020Common Law Doctrine of Frustration, Covid-19 and your contractual obligations In my previous article on Force Majeure Clauses, Covid-19 and your contractual obligations, I discussed your contractual obligations in light
Force Majeure Clauses, Covid-19 and your contractual obligations
April 28, 2020Force Majeure Clauses, Covid-19 and your contractual obligations In face of a global pandemic many businesses are struggling to resume the operation of their business and satisfy their contractual obligations
The Tax Implications of Selling Assets or Shares in a Business Transaction
April 27, 2020The Tax Implications of Selling Assets or Shares in a Business Transaction If you are looking to purchase a new business in Ontario or sell your existing business, there are
Subsection 50(1) Election
April 26, 2020Subsection 50(1) Election Tax Relief on Losses with Bad Debts, Defunct Shares and Bankrupt Corporations As investors, there may be times when you hold shares or debt of a company
As a director, can I be held liable for my corporation’s taxes?
April 26, 2020As a director, can I be held liable for my corporation’s taxes? Directors of Canadian corporations can be held jointly and severally liable for some Canadian tax along with their
Offers to Lease
April 23, 2020Offers to Lease If you have identified a potential location to start your business or open a new location for your existing business, you will likely be asked to sign
Increasing Share Capital of a Corporation
April 13, 2020Increasing Share Capital of a Corporation A discussion of shareholder agreements and shares is not complete without a discussion on how to increase the share capital of a corporation. There
What are the Types of Shares That Can be Issued in a Corporation?
April 13, 2020Types of Shares in a Corporation To appreciate the different types of shareholders’ agreements that can be drawn, one must understand the different types of shares that can be issued
Critical Shareholder Clauses to Include in a Shareholder Agreement
April 13, 2020Important Shareholder Agreement Clauses Any good shareholder agreement must protect the interests of the shareholders that are party to the agreement with shareholder agreement clauses. Looking ahead to probable and
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