Your company’s corporate structure may be the same as the day you opened your doors or it may have evolved over time. Either way, while your current structure may have made sense in the past, it may not be ideal for the purpose of selling your business. The following is…

Legal oversight of major transactions vastly reduces the chances of forgery Anyone who has been through a house purchase, re-financing or loan application will be familiar with the regular request from lawyers for proof of identification. While at times it may seem like overkill, there are many reasons why we go…

Lavrijsen Campgrounds v Eileen Reville, Steven Reville and Douglas Reville (2015 ONSC 103) offers the first significant pronouncement on the duty of honesty in contractual performance recently established in Bhasin v Hrynew (see Honesty is the best policy when it comes to commercial contracts). In this case, the parties negotiated…

As corporations operate on a system of majority rule, check a shareholder holding a significant number of shares has the power to manipulate corporate activity, there potentially at the expense of minority shareholders. As a result, the rights of minority shareholders are protected to ensure that they are not overlooked…

Congratulations to Sean Bawden whose employment law blog ‘Labour Pains’ was named best practitioner blog in the Canadian Law Blog Awards (aka – the Clawbies). Sean’s blog was selected from over 500 law blogs published in Canada and ‘Labour Pains’ was named best of the 43 employment law blogs. Since…

“Do I have a case for wrongful dismissal?” This page is one attempt to put together a, perhaps much-too-simplified, explanation of what “wrongful dismissal” under Ontario law means. I will start with this caveat, explaining wrongful dismissal, and more to the point explaining the nuances of any one individual’s situation…

As a Corporate Director, remedy you are elected by the company’s shareholders to act fairly and in good faith for the long-term best interests of the corporation. It’s a position of trust and confidence as Directors control the money, property and information that are crucial to the company’s success. Fiduciary…

There are many advantages to incorporating a business. The extra paperwork required is not one of them. One of the extra steps that every incorporated company should commit to is maintaining its corporate records which can be easily done with a minute book. This is an important administrative step that…