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
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
COVID-19: Force Majeure – Can I Get Out of My Commercial Lease Agreement?
March 24, 2020Force Majeure – Can I Get Out of My Commercial Lease Agreement? The answer to this question turns, in large part, on the exact wording of the clause itself. Force
Purchasing a business? Consider a holdback
March 17, 2020Purchasing a business? Consider a holdback Purchasers face the issue of asymmetric information when buying a business. Extensive due diligence will help fill in the gaps in knowledge and minimize
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.
What Rights Do I have as a Shareholder?
December 8, 2019What Rights Do I have as a Shareholder? Are you aggrieved by the manner in which a corporation of which you are a shareholder conducts the business and affairs of
