Difference in NDA contracting practices between Canada and Europe

July 13, 2018

I recently encountered a difference in legal cultures between Canada and Europe that has massive implications for businesses who use non-disclosure/confidentiality agreements, or NDAs as they are more commonly called. …

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What you need to know about the cannabis legislation

June 25, 2018

Following extensive public consultations with Canadians, provincial and territorial governments and Indigenous communities, Bill C-45 — or the Cannabis Act (Act) — passed in the Senate on June 19, 2018 …

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What is a personal guarantee?

June 14, 2018

Applying for a business loan is a fairly standard routine for most corporate business owners both large and small. Whether the funds are required for working capital or capital expenditures, …

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Forced transfer provisions safeguard a company against the unexpected

May 29, 2018

Imagine for a moment that you are in business with three other individual shareholders. The four of you may be friends and started the business by investing personal capital and …

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Timing and the combined effect of share issuances on company equity

May 12, 2018

As a business owner, the importance or working with a share cap table to record and plan a company’s existing and anticipated share structure and ownership as it grows cannot …

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Everything is good until it’s not. This is why you need a shareholders’ agreement.

April 27, 2018

Deciding to go into business with a partner or multiple partners doesn’t require formal documentation; it simply requires a business idea and a handshake. Many individuals will incorporate their business …

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Employee stock plan and its impact on subsequent share issuances

April 13, 2018

As a business owner planning and working with share capital, it’s important to know your way around a share capital table (cap table). A cap table tracks shareholdings in terms …

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The risks of drafting legal documents without a lawyer

March 23, 2018

When it comes to business contracts, agreements and/or policies, they may all appear to be redundantly similar — at least to the untrained eye. And because many seem to be …

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Planning and working with share capital

March 10, 2018

It is common for many companies, particularly during the start-up phase, to choose to use equity as currency. They sell small (and large) allotments of shares to friends, family and …

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Marijuana at work: what employers need to know

February 27, 2018

With the anticipation of the Cannabis Act (Act) becoming law this summer, the production, sale, possession and use of marijuana for recreational purposes may become legal in Canada. And this …

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Should your business pay for services in shares instead of cash?

February 15, 2018

Starting a business is no small feat. It requires an enterprising idea, hard work, and strategic know-how to turn a start-up into a successful business. And it requires money — …

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Employment agreements protect against liability and greater expense

January 26, 2018

A common misconception amongst business owners is that employment agreements with employees aren’t necessary because all legal rights are set out in the Employment Standards Act 2000 (ESA). The ESA …

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Ross · Rumbell