Can minors sign shareholder agreements in Canada?
A shareholder agreement is a document that generally sets out the rights, privileges, and obligations of a company’s shareholders and the foundation for how a corporation will be established, managed, and run. As such, shareholder agreements are important to both the shareholders of a corpor…
View the post titled Can minors sign shareholder agreements in Canada?Navigating the mergers and acquisitions landscape: The role of due diligence
Mergers and acquisitions (M&A) represent a strategic approach for companies looking to grow, diversify, or streamline their operations. However, the success of these transactions hinges on a comprehensive understanding of the target company’s financial, operational, and legal land…
View the post titled Navigating the mergers and acquisitions landscape: The role of due diligenceOntario’s new Consumer Protection Act prompts businesses to revisit contracts for compliance
In the last month of 2023, Ontario’s Bill 142, Better for Consumers, Better for Businesses Act, 2023 received Royal Assent, which repeals the Consumer Protection Act, 2002 and replaces it with the new Consumer Protection Act, 2023 (“CPA 2023”). Notably, although the Bill was passed, CPA 2023…
View the post titled Ontario’s new Consumer Protection Act prompts businesses to revisit contracts for complianceAI-related services agreements and IP: Opportunity and uncertainty for service providers
Generative artificial intelligence (“AI”) made a major pop-culture splash earlier this year with the explosion of Chat-GPT. The capabilities of these AI tools to generate content such as text, images, music, and code, is now widely recognized and many startup businesses are offering services…
View the post titled AI-related services agreements and IP: Opportunity and uncertainty for service providersNavigating minor’s share ownership in OBCA corporations: Exceptions, risks, and mitigation strategies
The Ontario Business Corporations Act (OBCA) serves as the regulatory backbone for the establishment and operation of corporations in Ontario. However, can a minor hold shares in an OBCA corporation? What if a parent wants to pass on shares to their child? And if so, what risks come with thi…
View the post titled Navigating minor’s share ownership in OBCA corporations: Exceptions, risks, and mitigation strategiesProposed changes to the Competition Act could affect your business
On September 21, 2023, Bill C-56—also known as the Affordable Housing and Groceries Act—received its first reading in the House of Commons. The Bill proposes several changes to Canada’s Competition Act. One such change is a significant expansion of the government’s power to conduct inquiries…
View the post titled Proposed changes to the Competition Act could affect your businessNavigating the complex world of Letters of Intent: A buy-side guide
In the rapidly paced, high-stakes game of mergers and acquisitions (M&As), the first move is not dissimilar to a game of chess; a good opening will set the pace for the rest of the game. In M&A deals, the first move must be similarly strategic, resembling an orchestrated dance that…
View the post titled Navigating the complex world of Letters of Intent: A buy-side guide
Understanding privacy impact assessments (PIAs) and their importance for your business
In the ever-evolving data privacy landscape, businesses must stay ahead of the curve to protect themselves and their customers. One crucial tool that can help you navigate this complex terrain is a privacy impact assessment, or PIA. What is a privacy impact assessment (PIA)? Privacy impact a…
View the post titled Understanding privacy impact assessments (PIAs) and their importance for your businessEmojis can now amount to a contractual agreement
Back in January 2023 in our blog post, “How do I know if I have formed a contract?”, we discussed how emojis can indicate an intention to enter into a contract. Briefly, we discussed the case in Israel called Dahan v Haim, where a judge ruled that a prospective tenant sending text messages c…
View the post titled Emojis can now amount to a contractual agreement
Equity compensation plans: Stock options, RSUs, and allocation
In my practice, I frequently provide advice on a specific area of law: stock option plans, or as I prefer to refer to them, equity compensation plans. Since this is just an introduction, I will focus on two common topics that founders frequently inquire about when considering an equity compe…
View the post titled Equity compensation plans: Stock options, RSUs, and allocationReceive Blog Posts
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