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Partnerships vs. Joint Ventures at Ontario Law

An overview of the differences between partnerships and JVs at Ontario Law, and a warning that despite the intentions of the joint venturers, the JV c...
Jul 2025
Article

Why a Letter of Intent?

Why Every Share Transaction Should Start with a Letter of Intent A brief overview of the importance of a well-drafted and thoroughly negotiated LOI drafted with the assistance of counsel.
Jul 2025
Article

Extra-Provincial Registrations vs. Licences

An introduction to some of the central distinctions between extra-provincial registrations and extra-provincial licences in Ontario for corporations a...
May 2025
Article

Selling or Buying Business Assets in Ontario?

Do Not Overlook a WSIB Certificate This article highlights the significance of a WSIB certificate when selling or buying business assets in Ontario.
Apr 2025
Article

Enforceability of Releases Executed by Franchisees, in Favour of Franchisors

Generally, courts are finding that releases executed by franchisees are not enforceable as franchisees cannot waive their rights contained in the AWA...
Mar 2025
Article

Shareholders Agreements and Insolvent Shareholders:

No Discounts Allowed When a shareholder becomes insolvent, their shares may be sold to maximize creditor recovery, potentially introducing an unknown third-party to the bu...
Feb 2025
Article

Year-End Housekeeping for Ontario Private Companies

As the 2024 calendar year comes to a close, private companies in Ontario must prepare for the end of their financial, or fiscal, year. While filing co...
Dec 2024
Article

The Dissolution of an Ontario Business Corporation

Authorization Requirements An overview of authorization requirements for the dissolution of an Ontario business corporation.
Nov 2024
Article

Delaware Follows Ontario’s Lead

in Corporate Governance Delaware Follows Ontario’s Lead in Corporate Governance In a surprising (and refreshing) turn of events, Delaware, a jurisdiction widely recogni...
Jul 2024
Article

COMPLIANCE ALERT:

NEW ISC FILING REQUIREMENTS FOR FEDERAL BUSINESSES IN CANADA Starting January 22, 2024, federal corporations in Canada must disclose information about their individuals with significant control (“ISC&rdquo...
Jul 2024
Article

Ontario’s Not-for-Profit Corporations Act:

The Transition Period End Ontario’s Not-for-Profit Corporations Act, 2010, S.O. 2010, c. 15 (the “ONCA”) came into force as of October 19, 2021. Generally spe...
Jul 2024
Article

Pitfalls of Incorporating and Organizing without Proper Legal Counsel

Many clients incorporate without legal counsel, which I have no problem with.  However, this approach can sometimes lead to issues that require s...
Jun 2024
Article

An Overview of the Share Purchase Process

When one is purchasing (or selling) a business, there are generally 2 routes – a share purchase or an asset purchase. In this article, we are go...
Mar 2024
Article

Federal Government to Create Public Transparency Register for Private Federal Corporations

Following British Columbia and Quebec, the federal government has introduced new legislation that, if enacted, will create a federal register of indiv...
Oct 2023
Article

Affiliated Corporations and the Land Transfer Tax Exception

This article is intended to offer an overview of the exception for affiliated corporations provided for in subsection 3(9) of the Land Transfer Tax Ac...
Oct 2023
Article

Investing in U.S. LLCs: The Canadian Perspective

Canadians investing in the U.S. are frequently asked do so through U.S. limited liability companies (LLCs). Unfortunately, while this structure works ...
Jul 2023
Article

Deferred Payment on the Sale of Owner-Managed Businesses

Deferred payment on the sale of an owner-managed business is commonplace. Getting it right, however, by addressing the issues across a range of legal ...
Jul 2023
Article

Investing in Early-Stage Ventures: The Questions That Everyone Should Ask

Broadly speaking, there are two schools of thought when it comes to investing in early-stage ventures. There is the “same boat” approach w...
Jul 2023
Article

Impacts on Business Corporations of the Less Red Tape, Stronger Economy Act, 2023, S.O. 2023, c.9 (the “Act”)

Schedule 4 of the Act makes several amendments to the Business Corporations Act, R.S.O. 1990, c. B.16 (the “OBCA”). The bulk of these amen...
Jul 2023
Article

The Corporate Minute Book and Maintenance

You may have heard that corporations are required to maintain minute books, but what is a “minute book” and why does a corporation need on...
Jun 2023
Article

ONTARIO NOT-FOR-PROFIT CORPORATIONS ACT

WHAT IS THE ONTARIO NOT-FOR-PROFIT CORPORATIONS ACT? While the Ontario Not-for-Profit Corporations Act, 2010, S.O. 2010, c. 15 (the “ONCA”...
May 2023
Article

Whose (Copy)Rights Are They, Anyway?

Intellectual property (“IP”) refers to creations of the mind: inventions, artistic and literary works, symbols, designs, names, and images...
May 2023
Article

Corporate aspects of the amendments to the Prohibition on the Purchase of Residential Property by Non-Canadians Act Regulations (the “Act” and “Regulations”)

Over the past few months, we have posted several articles on the Act and its implications (see original article, update 1 and update 2). To expand on ...
Apr 2023
Article

A Quick Guide to Directors’ and Officers’ Duties and Liabilities in Ontario

Every corporation registered under the Ontario Business Corporations Act is required by law to have a board of directors and it is customary for them ...
Mar 2023
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