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In Ontario, an asset purchase agreement for a franchise restaurant is a critical legal contract that facilitates the sale of the business’s specific assets such as equipment, inventory, and goodwill without transferring the seller’s corporate entity or its historical liabilities. This franchise restaurant purchase structure is heavily governed by provincial law, notably the Arthur Wishart […]

Key Takeaways A Terms of Service (TOS) agreement is a legally binding contract that outlines rules, rights and obligations between a business and its users. TOS agreements safeguard intellectual property, limit liability, and enforce adherence to the existing laws, as well as minimize the chances of disputes. Any business with an online presence, from e-commerce

Commercial real estate refers to non-residential properties used for business or investment purposes- from office buildings and retail plazas to industrial parks and mixed-use developments. Legal issues in this area are often complex, involving large transactions, financing, development regulations, and tenant relationships. A specialized commercial real estate lawyer can guide you through every step of

Transferring a corporation from one province to another within Canada or from a provincial to the federal jurisdiction is legally referred to as continuance (occasionally referred to as continuation). Continuance enables a company to change its jurisdiction of incorporation without beginning anew as an entirely new company. Rather than being dissolved and restated, the corporation

Raising money as a startup in Ontario can feel like navigating a maze of legal documents, investor demands, and financial uncertainty. That’s where SAFEs, or Simple Agreements for Future Equity, have emerged as a startup-friendly shortcut.    Initially developed by Y Combinator in Silicon Valley, SAFEs are now gaining traction in Canada, particularly among early-stage

Renting commercial space is a major step for any business in Ontario. A commercial lease (or commercial rental agreement) is a contract between a business (tenant) and a property owner (landlord) that gives the tenant the right to use the premises for business purposes. Commercial leases in Ontario are governed by the Commercial Tenancies Act

Business in Ontario today is about more than selling good products or providing good services. Business operators also have to deal with a complicated legal system, and they need to make sure that all aspects of their business meet provincial and federal requirements. From the moment your company incorporates, to creating contracts, employee relations, or

The Canadian convenience store industry remains a profitable market for investors and business owners. Those small-sized retail shops loaded with everyday items, snacks, lottery tickets, and other high-turnover consumer products continue to play an important role in urban and rural communities.   Whether you’re in the market to purchase your first convenience store or you

Starting a business presents an exciting opportunity through which one can bring innovation and ambition to establish growth prospects. Every successful enterprise depends on a specifically designed legal structure to establish its basis for enduring success. Before you can attract investors, hire employees, or even open your doors, you need to ensure your business is

    It won’t be incorrect to mention that Canada is already facing unprecedented emigration and reverse immigration where many Entrepreneurs are migrating to other promising destinations for tax benefits. It is pertinent to mention that this New Rule may drive Entrepreneurs to seek alternative routes such as Panama or Paraguay offering zero or negligible

Wondering how and when to seek any compensation for any flight delay or cancellation for any inbound or outbound flights in European Union? Better know the limitation period. Time limitation period for seeking compensations from the airline authorities have been one of the most debated topics from its very inception. The common question faced by