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Key Takeaways A purchase agreement is a legally binding contract that sets the main terms of a business sale and outlines how risks are shared between the buyer and seller.  Choosing between an asset purchase agreement and a share purchase agreement can have significant tax and liability implications for both parties.  Careful due diligence and […]

For Toronto’s business owners, founders, and executives, achieving growth, ensuring protection, and operating with compliance and confidence are paramount to success. Your commercial contracts are the critical framework that either secures these outcomes or puts them at risk.   Consider a thriving tech startup in Liberty Village whose core SaaS agreement fails to properly limit

Imagine you have finally got your dream job. Excellent compensation, excellent benefits, exciting prospects of development. You are about to sign the employment agreement when you notice something: a term that will not allow you to “solicit or accept business” from the clients of your employer upon leaving the job. You pause. Is this simply

This guide outlines arbitration as a private, efficient alternative to litigation for resolving Ontario business disputes under the Arbitration Act, 1991. It highlights key advantages like privacy, expert adjudication, and finality, while also noting potential downsides such as costs and limited appeal rights. The process is initiated by a well-drafted arbitration agreement, which is critical

Toronto is Canada’s economic epicentre, a competitive landscape where global finance, technology, and real estate intersect. This environment of high stakes and opportunity, however, inevitably gives rise to complex business disputes. From breached contracts and shareholder conflicts to intellectual property infringement, these are not mere setbacks but significant threats to a company’s operations, finances, and

Introduction-The Foundation of a Secure Working Relationship: In the fast-paced world of Ontario business, a handshake deal or a simple email exchange with a freelancer or consultant can feel efficient. However, this informal approach is a significant gamble. What happens when a project’s scope expands unexpectedly? Who owns the intellectual property created? Could the Canada

Key Takeaways:  The impact on employees differs depending on the type of M&A transaction, with share purchases preserving employment continuity and asset purchases requiring careful recognition of prior service and entitlements. Successor employers must honour accrued vacation, benefits, and seniority, and comply with both statutory and common law obligations to prevent disputes. Unionized workforces add

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