How do shareholders remove a director or officer from a corporation?
January 25, 2021How do shareholders remove a director or officer from a corporation? A director of a corporation and its officers have a duty of care to the best interests of a
How Do You Transfer Shares of a Private Corporation?
January 21, 2021How Do You Transfer Shares of a Private Corporation? When a corporation is incorporated, the articles of incorporate set out the issuance of shares—who owns the shares and by what
What Are The Benefits of a Holding Corporation
December 20, 2020Benefits of a Holding Corporation What is the benefit of a holding corporation? Laying-in a holding corporation to your operating company structure presents significant tax benefits but also limits your
Why Every Business Needs A Corporate Minute Book
December 20, 2020Why Every Business Needs A Corporate Minute Book Every corporation is required by law to have a corporate minute book. Whether in an official, leather-bound binder or a simple binder,
The Shotgun Clause—Should You Include it in Your Shareholders Agreement?
December 8, 2020The Shotgun Clause—Should You Include it in Your Shareholders Agreement? A Shotgun Clause is one of many clauses that can be included in a shareholders agreement. Despite its benefits, it
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
Can Director’s be Held Personally Liable for a Corporation’s Actions?
December 9, 2019Can Director’s be Held Personally Liable for a Corporation’s Actions? The directors of a corporation are elected by the corporation’s shareholders and are required to manage or supervise the management
Shareholders Agreement and Family Law
December 9, 2019Shareholders Agreement and Family Law Interplay Between Family Law Act and Shares in a Private Corporation Many shareholders are concerned that matrimonial conflict may destabilize the shareholdings of a corporation.
