officers Archives - Levy Zavet Law

CORPORATE GOVERNANCE: Transactional versus transformational leadership, the charismatic leader.

In its earliest stages the strongest influence on a “movement” is likely to be the charismatic leader who personally symbolizes its values. At some point intellectuals play a leadership role by contributing to the developing ideology of the movement, be it corporate strategy or game planning. And if a movement endures and grows for any length of time, administrative leaders arise who are concerned with the practical

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

CORPORATE GOVERNANCE: Choosing your managers from those who are actors and those who can act!

Some may argue that those who can manage over others can direct, and those who can direct can facilitate exceptional performances. Actors or actresses who win awards for their performances credit their directors for leading them in such a way, since very few of them can do both. However, every so often, one unique individual arises to entice those who follow, with his or her unique talents and skills, so much as to

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

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

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.

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.

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.

HOWS AND WHYS OF INCORPORATING FEDERALLY

With incorporating, a new corporation or company is launched, which is a legal entity effectively recognized as a person under the law. The corporation could be a business (company), a non-profit organization, sports club or the administration of a new city or town.In Canada, the process of incorporation is carried out either on the federal or provincial level. Federally incorporated companies would

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