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Doing Business in Ontario During the COVID-19 Pandemic and Beyond Just Became Easier and Safer
On May 12, 2020, Bill 190, COVID-19 Response and Reforms to Modernize Ontario Act, 2020 (the “Act”) was passed to address social distancing concerns faced by businesses in carrying out their statutory responsibilities. The legislation addresses these concerns two ways....
Tips for the New Entrepreneur Part 3: Overview of Corporate Governance
This third blog is an introduction on corporate governance issues and is part of a new series entitled “Tips for the New Entrepreneur” aimed at providing a New Entrepreneur with practical tips and pointers for exploring legal issues when setting...
Tips for the New Entrepreneur Part 1: How Can I Best Organize My New Business?
This is the first blog of a new series entitled “Tips for the New Entrepreneur” aimed at providing a New Entrepreneur with practical tips and pointers for exploring legal issues when setting up and growing a new business in Ontario. ...
The Importance of a Well-Drafted Asset Purchase Agreement
A recent decision of the Ontario Superior Court of Justice highlights the importance of a well-drafted asset purchase agreement. In Jonathan's - Aluminum & Steel Supply Inc. v. Retail Alloy Metal & Plastic Plus Ltd. (Oct. 20, 2015), 259 A.C.W.S....
Annual Valuation Provisions in Shareholders’ Agreements
Where a private corporation has more than one shareholder, the shareholders are well advised to enter into a shareholders' agreement. This is an agreement that specifies how the corporation is to be governed, how major decisions will be made, and...