What to Consider when Placing Restrictions on Share Transfers

July 30, 2019
When drafting articles of incorporation, there may be some restrictions you may want to place on shares or even the business. This article seeks to outline some of the most common types of restrictions, and why it could be favourable to enact some of them.

Dividends: What, When, How?

October 18, 2017
As dividend structuring and timing have been making headlines recently, this article discusses the 'what, when and how' of dividends.

Three reasons to declare the business of your company

October 17, 2017
As lawyers we are often guiding our clients on defining the “business of the company”, so I thought I’d write a post on this topic.   “Business of the company” is formally declared in several circumstances and for several reasons.

When to say no: The Right of First Refusal

October 17, 2017
This article discusses the right of first refusal clause (ROFR), often seen in the shareholders' agreements or directly in a company's articles of incorporation.

Liquidation Preference: Cashing Out

October 17, 2017
This article discusses why a liquidation preference is often inserted into deal terms by the investors in a major round of financing.

When is it time to change your corporation's name?

October 17, 2017
We had previously written an article on the selection of a business name, and as well a second article on defending your business name.  I thought I would write an article about changing a company’s business name.

Breaking Down Share Issuance Step by Step

October 17, 2017
This article provides an overview of the steps involved in issuing shares, once the negotiations with investors have been completed. The process includes the four (4) steps.

What Voting Rights do Non-voting Shareholders Have?

May 12, 2017
This articles discusses the rights of non-voting shareholders for entrepreneurs and investors. A common question that entrepreneurs/inventors have when incorporating is how to structure their business.

Legal Tips & Tricks: Negotiating an Agreement should Start with a Blank Page

September 09, 2016
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 this article, we describe four simple steps to follow to make sure that your interests are protected when negotiating an agreement.

When Fundraising, “Know” Your “Accredited Investor”

March 17, 2014
When raising money in Ontario or anywhere in Canada for your startup company, you fall under the scrutiny of the rules of the Securities Act and related National Instruments that set the rules on the nature and type of disclosure that you need to provide to your potential investors.