There are three types of Partnerships: General Partnerships; Limited Partnerships; and, Limited Liability Partnerships. Each of these arrangements have their own statutory requirements and [...]
DUTIES OF DIRECTORS A corporation consists of directors, officers and shareholders. Shareholders are owners of the corporation, while directors have various managerial responsibilities and [...]
PPSA Ontario Simplified If you make a business loan to a small company in Ontario, you run the risk of the loss of your capital should the company default on the loan payments. For this reason, [...]
Updating Your Minute Book Makes Good Business and Financial Sense Your business must keep a minute book if it is incorporated. It’s not only good business practice, it’s also a legal obligation. [...]
Meta description: The Forfeited Corporate Property law affects all corporations in Ontario. What does it mean for your corporation’s operation and finances? Avoid hefty fines, total loss of [...]
When it is mandatory to register a business name, or more formally, your Master Business Licence (the proper legal term)? Considerations for Registering Your Master Business Licence Ontario has [...]
If you are a small business owner and you’ve decided to sue – or are being sued – you’re probably anxious about what lies ahead. As a small business lawyer in Toronto – one that [...]
As a Toronto small business owner, you’re probably no stranger to setting goals for your business and mapping out a plan to achieve those goals. But there’s one thing you don’t have to plan on [...]
Small business owners have to juggle many competing demands in order to succeed. If you are a Toronto small business owner considering litigation against your business partner, you may wish to [...]
If you want to set your small business up for success, you need to do more than just be an expert in your field. You need to protect both yourself and your business by putting the right contracts [...]
No entrepreneur looks forward to spending money on legal fees. But in today’s business world, lawyers are not only beneficial to your company, they are essential. Proper legal advice can make [...]
Part I of this blog discussed the discovery process in general as well as the first two steps: creating the discovery plan and exchanging affidavits of documents. Part II of this blog post will [...]
Discovery is the process whereby all of the parties exchange relevant information and evidence relating to a civil lawsuit in preparation for trial. This process can be a lot of work for both you [...]
There are many factors to consider when making or responding to an offer to settle an ongoing lawsuit. This blog post will discuss the purposes and effects of making, accepting, or rejecting an [...]
If you are thinking about buying or selling a business, you undoubtedly have questioned whether you should structure that purchase or sale as a share purchase or asset purchase transaction. For [...]
