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Work Highlight

Kelly Santini LLP Advises Fin-XO on Two Closings

Tim McCunn and Diem Nguyen recently advised Montreal based Fin-XO Securities Inc. on two private placements of unsecured convertible debentures, common shares and warrants by Digital Shelf Space in the total amount of $1,600,000. Digital Shelf Space is an independent creator, producer and distributor of home entertainment content targeted at…

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Work Highlight

Supreme Court Denies Leave to Appeal in Insurance Dispute

Mitch Kitagawa successfully represented The Co-Operators when the plaintiffs sought leave to appeal to the Supreme Court to challenge an Ontario Court of Appeal’s ruling from February 2013. The Court of Appeal upheld a contractual one year limitation period in a commercial property policy. The Co-Operators denied the claim and…

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Community

Pat Santini Honoured by Villa Marconi

Pat Santini was recently honoured by Villa Marconi at its annual Raise The Roof corporate dinner. Since its launch in 2005, this gala dinner has netted over $900,000 and remains the single largest fundraising event for Villa Marconi. Pat was recognized for his contribution to the Italian community in Ottawa….

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Article

Shareholder Agreement Essentials: Non-Compete Clauses

Non-compete clauses are a well-known provision found in employment contracts.  But they also should be part of a business’ shareholders’ agreement as well.   Non-compete clauses for employees have a reputation for being very difficult for employers to enforce as the Courts often view the specific requirements of the clause…

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Article

Professional Corporations & Investment Restrictions: Guidelines and Options for Delivering a Healthy Return from Surplus Funds

Limitations on the activities of Medicine and Dentistry Professional Corporations Over the past several years, as the tax benefits have become more widely known, the use of medicine professional corporations (“MPCs”) by physicians and dentistry professional corporations (“DPCs”) by dentists has become widespread. As time passes and the professional accumulates wealth…

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