Business Law

Are You Ready for Ontario’s Transparency Register? Here’s What You Need to Know

As a private corporation incorporated in Ontario under the Business Corporations Act (Ontario), it's important to be aware of the new transparency register requirements that came into effect on January 1, 2023. These requirements mandate that private corporations maintain a...

By of Merovitz Potechin LLP on Monday August 14, 2023.

Do I Need a Lawyer to Incorporate My Business?

Incorporating a business is a big step for entrepreneurs. You want to make sure it’s done right. Incorporating a business on your own through a third-party website might seem like a cost-effective approach, however these sites fail to include all...

By of Merovitz Potechin LLP on Tuesday May 30, 2023.

Is an Offer to Lease a Binding Agreement?

Is an Offer to Lease the same as a Lease Agreement? Often, we receive questions from commercial clients asking if they can walk away from a lease when a formal lease agreement has yet to be signed. On the other...

By of Merovitz Potechin LLP on Monday July 25, 2022.

Indemnity Clauses in Business Contracts

What is an Indemnity Clause? An indemnity clause in a business contract is where one party agrees to cover another contracting party for potential losses and/or damages caused by the party and/or claims made by a third party. Simply put,...

By of Merovitz Potechin LLP on Wednesday July 13, 2022.

Evicting a Commercial Tenant in Ontario

UPDATE - APRIL 27, 2021 In December 2020, Bill 229, Protect, Support and Recover from COVID-19 Act, 2020 came into effect, which amends the Commercial Tenancies Act (CTA) to reinstate a temporary ban on evictions in Ontario for certain eligible...

By Merovitz Potechin on Tuesday April 27, 2021.

Commercial Tenancies, Letters of Credit and Bankruptcy

One method used by commercial landlords to secure against losses from commercial tenancies is to require tenants to post letters of credit (“LCs”), that the landlord can draw upon in defined circumstances. Though certainly useful, in Ontario there has been...

By Eric Lay of Merovitz Potechin LLP on Thursday January 21, 2021.