“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…
News & Resources
Fiduciary duties of Corporate Directors: Your obligations, responsibilities and the ‘business judgment’ rule
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…
Maintaining company minute books: Do it now, or pay later
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…
Henson Trusts: Planning for people with disabilities
A Henson Trust is a tool that can help you provide care and financial support for a person with a disability. It can be established during your lifetime or under theEstate Planning terms of your Will. Henson Trusts can be beneficial in many cases but they are not appropriate for…
Kelly Santini Closes On Three Rounds of Financing
Tim McCunn and Michael Leaver recently completed three corporate financings for clients in the technology sector. On the first transaction they advised material science innovators Smarter Alloys (Innovative Processing Technologies Inc.) on an equity financing worth $1.5M. Tim and Michael also acted for ASE Smart Energy Inc. with regards to…
Summary Judgement Ruling Avoids $2.5M Insurance Payout
Kelly Santini’s Mitch Kitagawa successfully brought a motion for summary judgment to dismiss the plaintiff’s action in Mississippi River Corporations v. Municipal Electric Association Reciprocal Insurance Exchange 2014 ONSC 3784. In the ruling, Justice M.Z. Charbonneau agreed that the costs associated with the plaintiff’s voluntary decision to conduct repairs to…
The Condo Reserve Fund: What’s Left in the Tank?
Condo corporations are required to maintain a “reserve fund”. The money held in the reserve fund account is used to fund major repairs to the condo’s common elements. Onsite reserve fund studies are conducted every six years, illness with updates to the studies (without site inspection) occurring at the three…
Kelly Sample Appointed to Algonquin College Board of Governors
Kelly Santini LLP’s Managing Partner, Kelly Sample has been appointed to the Board of Governors for Algonquin College. The Board at Algonquin College strives to provide learners with high quality education and training for employment in the fast changing world of business, technology, health and community services. Kelly is one…