Contract Law

Key Takeaways Mergers and amalgamations are the two methods to consolidate companies, but they are different in terms of legal framework, governance, and tax. A merger involves one company combining with another; the other is left alive and consumes the legal and brand name and operations. Amalgamation creates an entirely new corporation, combining all assets

A termination clause (or “severance clause”) is clause in a contract that specifies how and when the agreement can end. It “sets forth the terms and conditions surrounding a contract’s cancellation”, telling the parties what happens when the working relationship ends. Termination clauses typically detail required notice periods, payments (like severance or final fees), and

A Master Service Agreement (MSA) is a foundational contract between two parties that sets out the broad terms and conditions for an ongoing business relationship. In practice, an MSA defines the general framework such as payment, liability, confidentiality and dispute procedures that will govern any future work or projects between the parties.    For example,

Key Takeaways The most valuable asset of a start-up is its IP, be it software, a patent or a brand. Its preservation and prudent utilization are the difference between flourishing and crumbling. IP licensing agreements allow you to retain ownership and earn money by giving other people the right to use your intellectual property under

Supplier agreements are essential tools for Ontario businesses to manage the supply of goods or services effectively. Whether you are a small retailer or a large corporation, a well-drafted supplier or vendor agreement clarifies pricing, payment terms, delivery schedules, service levels, and quality standards, while protecting intellectual property and confidential information. Using a supplier agreement

Free contracts or templates for standard contracts might seem like a time-saving, free option for companies and individuals. A quick web search will yield countless “legal agreement templates”, ranging from employee contract templates to NDA contract templates, partnership agreement templates, and many more. For instance, a business may download a business contract template or client

Have you ever signed something without knowing if it’s legal? Whether you’re renting an apartment, accepting a job offer, or hiring a contractor, chances are you’ve entered into a contractual agreement, sometimes without realizing the legal implications. In Canada, the enforceability of such agreements depends on whether the contract meets specific legal requirements under Canadian

This blog explores the essential role of privacy policies in Canadian business, emphasizing their legal and strategic importance under laws like PIPEDA and the upcoming CPPA. It outlines how clear, accessible policies help ensure compliance, build user trust, and reduce legal and reputational risks. Covering both federal and provincial regulations (such as PHIPA and FIPPA)