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In the eye of a Hurricane, there are quietly unexercised stock options

Co-authors:  Brendan Sheehan and Rajah Lehal   Introduction The case of Hibberd v. Hurricane Hydrocarbons Ltd. involved various issues regarding many stock options that were not exe...

What should I look for in a commercial lease?

While most commercial leases are standard, you should still be careful about what you sign. The fine print matters, and every clause is important! For example, you may find yourself locked i...

Legal Tips and Tricks: Deal Negotiations Using an LOI/MOU

  Often, companies will try to secure a Letter of Intent or Memorandum of Understanding (“LOI/MOU”; the two expressions are used interchangeably) from a potential contracting counter...

Is there a duty of good faith bargaining in the context of an RFP?

Duty to Bargain in Good Faith: It is well established that there is NO duty to bargain in good faith unless: (a) a duty expressly arises through contract; or (b) in the commercial tendering process ...

Legal Tips and Tricks: A Term Sheet Should Start with a Blank Page

When entering into an important contract, take the time to discuss with your business partners, advisors and legal counsel, to make sure that you are clear about your opportunities and risks.  In thi...
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