June 18, 2018One of the most common strategies employed by start-up companies to leverage their limited cash resources and still have the financial resources to compete in the marketplace is to offer key employ...
June 18, 2018This article posted to our partner site Mondaq details the essential elements of a shareholders' agreement, which will ultimately be the final product of the term sheet.
June 18, 2018This article posted to our partner site Mondaq illustrates the importance of ensuring that vesting provisions do not create a conflict of interest.
June 18, 2018This article discusses the legal risks associated with letters of intent or term sheets, namely, that they can be found to be a binding agreement between the parties.
June 18, 2018This article discusses a case in which the Court of Queen's Bench of Alberta found that a cover letter and term sheet between the two parties constituted a bindind agreement.
March 09, 2018Every start-up founder should have a basic grasp of some of the ways they can secure financing for their company, so to that end let's take a crash course on some familiar and some not-so-familiar ways to raise money.
November 09, 2017This article considers a parties obligation to reach a definitive agreement despite a letter of intent (LOI) that states that the intent was non-binding.
April 07, 2017A startup, like any new business, is inherently risky, and you’ll want the venture to be as financially and legally secure as possible. But more than that, it’s kind of your baby. It’s something that you have created, and obviously you don’t want someone taking that away from you.
October 28, 2015A Unanimous Shareholder Agreement is sensible when there are a small number of shareholders, however as a company start to grow, decision making will start to occur not by shareholder decision but instead, at a meeting of the board of directors
July 17, 2015When subscribing to shares of a company, consider negotiating an anti-dilution provision in your subscription agreement to avoid having your equity holding in the company significantly diluted.
March 17, 2014When 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.