Essentials of the Business Loan Agreement
April 29, 2020Essentials of the Business Loan Agreement A business loan agreement is a legally binding contract between a lender and a borrower. Under this agreement, the lender provides money or other
Essentials of the Business Loan Agreement A business loan agreement is a legally binding contract between a lender and a borrower. Under this agreement, the lender provides money or other
Common 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 In the face of the COVID-19 pandemic, many Canadian businesses have struggled to resume normal operations and meet their contractual obligations under
The 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: Claiming Capital Losses on Bad Debts and Worthless Shares in Canada When a business investment goes wrong, a company becomes insolvent, shares become worthless, or a loan
As 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 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 A discussion of shareholder agreements and shares is not complete without a discussion on how to increase the share capital of a corporation. There
Types 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
Important 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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