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Tag: Corporate

COMMERCIAL LEASING: How the Court Applies Equitable Remedies

There have been some interesting developments in commercial leasing law over the last year, among which can be seen important trends in commercial leasing jurisprudence.Equitable RemediesIt has been found in the past year that the courts will make every effort to use equitable remedies in circumstances where strict contractual interpretation leads to absurd commercial

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CORPORATE GOVERNANCE: Great teams build great companies that build great countries that build the world through teamwork!

The term labour movement is often applied to any organization or association of wage earners who join together to advance their common interests.  It more broadly applies, however, to any association of workers by geographical area, trade or industry, or any other factor.  While labour unions have been the almost exclusive centre of the modern labour movement in Canada, United States, Western Europe, and in

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PIERCING THE CORPORATE VEIL: The Doctrine of Alter Ego

I recently got a phone call from a client after he had been served with a law suit. He had entered into an agreement of purchase and sale for a home, only to breach it by repudiating the contract before even providing the deposit.  He was positive that he was “bullet proof” from such actions, because he had entered into the agreement under his corporate name.  In a past article I espoused the prudence of incorporating a

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BUYING A RESIDENTIAL INCOME PROPERTY – A Primer

With the Ontario real estate market demonstrating continued resilience, many people are still putting their confidence in real estate as an investment option across Ontario.  These people are buying income properties such as student housing, multiplexes, apartment buildings and mixed-use residential/commercial properties.

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CORPORATE LAW & THEORY: Examples of Share Classes (Rights & Restrictions) and Corporate Organization

Much too often I receive questions about the rights and restrictions that corporate shares carry with them, and what the concept of having different classes of shares is all about.  Thus, I decided to post up the most common examples of share classes and the way the rights were attributed to each class; so that you, the reader, may comment or ask questions using our commenting section below

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DIRECTOR’S LIABILITY

Having regard to the wide scope of authority exercised by a company’s management (its directors and senior management officers), a broad range of duties and liabilities are  vested on them by the applicable laws. Actually, those onerous responsibilities are a measure of the complete and unquestioned trust, which the company and its owners (the shareholders) repose on such personnel. Quite a few of those

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PROVINCIAL INCORPORATION: Deeper into Federal vs. Provincial

The provincial law in Ontario stipulates that a company doing business in the province should also incorporate there. Meticulously satisfying the incorporating requirements therein, along with advice from lawyers and accountants, the process of forming a company would not be difficult.

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WHEN THE SHAREHOLDERS FIRST MEET

Every business has a different setup to them, however, whether there is local or set up through somewhere like https://www.singapore-company-registration.net overseas. If you have shareholders it helps to know what to expect during a shareholders’ meeting. The first shareholders’ meeting should be called by the directors of the company within 18 months of the company’s date of incorporation.

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NITTY GRITTIES OF FORMING A COMPANY

Registration is very different from incorporation. A company has to incorporate only once, but it has to register to carry on business in any and all the places it intends to do business. Doing business in a province or a territory can mean running a business there, having an address, a post office box or phone number there, and/or offering services or products there in order to make a profit.

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CORPORATE NAMING UNINTERRUPTED: Federal vs. Provincial

Even after submission of an application for incorporation to the peoples concerned, doubts remain, a feeling of something left unfinished prevails, and a good night’s sleep becomes difficult. To set such things at rest, it is preferable to look at the matter afresh so as to remove the niggling concerns before the last action.

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