Corporate

Shareholders’ agreement should account for divorce

When it comes to protecting a business from a triggering event such as a marital breakdown, it’s worth reviewing the different approaches when drafting a shareholders’ agreement, says Toronto corporate lawyer Anton Katz. Read more

Courts would benefit from efficiency of e-scheduling

As provinces such as British Columbia look at ways to introduce more technology into courtrooms, e-scheduling of court dates is one issue that needs to be tackled, as it will lead to greater efficiencies in the court system, Toronto business lawyer Inga Andriessen tells The Lawyer’s Daily. Read more

Involve legal advisers early in corporate acquisition, sale process

For sellers, preparation is essential to success in a corporate merger and acquisition (M&A) transaction — and engaging advisers in the early stages of the process is a crucial step in helping businesses anticipate what will be needed to get the deal done efficiently, says Toronto corporate lawyer Chaim Sapirman. Read more

Company benefits when retaining solicitors who can litigate

Hiring a solicitor who can also litigate a business dispute ensures counsel has a deep understanding of the issues at hand — and can often be more cost-effective for clients, says Toronto business lawyer Inga Andriessen. Read more

Should that doggy be in the window?

By Inga Andriessen Lately, it seems that pets are everywhere. As both a business lawyer and an individual with a severe animal allergy, I notice it more than the average person as if a pet is in a business, I cannot breathe in that business. I like pets, I just like breathing more. Read more

Be cautious when red flags show up in acquisition process

While profitability and a healthy balance sheet are often top of mind for companies looking at potential acquisition targets, they should also be on the lookout for possible warning signs during the due diligence process, says Toronto corporate lawyer Sammy Redlick. Read more

Cost, time key to deciding whether to settle business lawsuit

There is no such thing as a ‘sure win’ in any dispute — and while it does make sense to litigate to a conclusion in some cases, in other situations, businesses should consider why it might be a good idea to settle, says Toronto business lawyer Inga Andriessen. Read more

Life insurance a helpful business tool when used properly

Life insurance can be an effective business tool for co-owners of businesses, but it has to be structured appropriately, says Edmonton corporate lawyer Kirk Goodman. Read more

Business Corporations Act changes aim to provide transparency

Privately owned firms governed by the Canada Business Corporations Act will now have to register the names of those who have significant control of their companies, says Toronto corporate lawyer Marlin Horst. Read more

Restrictive covenants protect against misuse of corporate info

While a unanimous shareholders’ agreement devotes most of its contents to what happens during the life of a business relationship, certain clauses deal with putting restrictions on departing shareholders, says Toronto corporate lawyer Anton Katz. Read more

The expensive way we’re forced to litigate in Ontario

By Inga Andriessen . As I write this blog, I’m waiting to be called to trial in a courthouse that is not in Toronto, Ont. As with most courthouses, the courthouse runs “sittings” twice yearly when civil and family trials are heard. The sittings started May 13 and will run until May 31. The next sittings will be in October. Read more

Valuation clause important part of shareholders' agreement

A shareholders' agreement that doesn’t contain a valuation clause could create uncertainty and even animosity among parties if an evaluation of shares is required later on, Toronto business lawyer Anton Katz tells AdvocateDaily.com. Read more

Pre-incorporation deals come with risks: Horst

People who put down a deposit for a property on behalf of a company that is not yet incorporated could lose that money if the buyer pulls out of the deal, says Toronto corporate lawyer Marlin Horst . Read more

Bessin a trusted team member for business clients

In working with businesses involved in complex transactions, Toronto corporate lawyer Kobi Bessin sees himself as part of the client’s team — a head coach and trusted adviser tasked with providing valuable strategic advice. Read more

Strong protocols, personal brand key to successful small firm

Starting a solo or small firm is a reality for many new lawyers — but before opening your doors to clients, a number of important tools and processes have to be put in place, says Toronto business lawyer Inga Andriessen. Read more