Force 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 If you are looking to purchase a new business in Ontario or sell your existing business, there are
Subsection 50(1) Election: Tax Relief for Bad Debts, Defunct Shares, and Bankrupt Corporations When investors hold shares or debt in a company that becomes bankrupt, insolvent, or simply worthless, it
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
Force 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 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? The directors of a corporation are elected by the corporation’s shareholders and are required to manage or supervise the management
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