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…
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Understanding data protection agreements: Key concepts and benefits
Data protection agreements – specifically, what are they, and as a business, should I have them? Three types of data Generally, your business signs data protection agreements with third-parties when you are providing important data to them. Here, data is referred to as one of three typ…
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Business litigation: Tips for prevention and best practices
What is business litigation? Business litigation involves legal disputes where parties either sue or are sued. Cases typically involve two key components: liability, determining who caused harm, and damages, addressing losses incurred. Success in a case requires both liability and damages to…
View the post titled Business litigation: Tips for prevention and best practicesShould my business have a ChatGPT policy?
According to a recent Time magazine article, “Almost 30% of the nearly 4,500 professionals surveyed…said that they’ve already used OpenAI’s ChatGPT or another artificial intelligence program in their work.”1 Additionally, Business Insider reports, “Of thes…
View the post titled Should my business have a ChatGPT policy?My business suffered a ransomware attack. Should I pay?
Ransomware attacks have become an increasingly common threat for businesses of all sizes, and it is essential for your business to have a plan in place for how to respond if your organization is ever targeted. During the ransomware attack, among the most critical decisions that your business…
View the post titled My business suffered a ransomware attack. Should I pay?What does it mean to witness a document?
The pandemic has changed how the world does business. People can buy, sell, and contract without ever meeting face to face. This new digital age emerged from necessity and has grown because of technology like Zoom, TitanFile, and DocuSign. But with this new convenience also comes a new set o…
View the post titled What does it mean to witness a document?How do I know if I formed a contract?
The digital age has created a variety of new issues related to contract formation… did you know that emojis can indicate an intention to enter a contract? In a case out of Israel called Dahan v Haim, a prospective tenant communicated with a landlord about renting an apartment. He expressed t…
View the post titled How do I know if I formed a contract?Can I just change my website’s Terms of Use?
As a business, you may need to make updates to your website’s terms of use (“TOU”) (also known as the “terms of service”). Quite often, the TOU gives you and your business the sole, unilateral power to modify the terms at any given time without giving anyone notice. For example, check out th…
View the post titled Can I just change my website’s Terms of Use?New transparency requirement for Ontario corporations
Effective January 1, 2023, Ontario corporations governed by the Business Corporations Act (Ontario) will be required to maintain a register of individuals with significant control. This change arises from Bill 43, which was passed by the Ontario government in 2021. Those familiar with federa…
View the post titled New transparency requirement for Ontario corporationsVendor financing: Considerations for business sellers
Following a year focused heavily on concerns surrounding inflation, the Bank of Canada made its seventh rate increase of 2022 on December 7. After a period of cheap access to money fuelling robust M&A activity, some prospective buyers may be finding themselves in a more challenging posi…
View the post titled Vendor financing: Considerations for business sellersReceive Blog Posts
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