When you entrust another person to act on your behalf, be it a business partner, a director, an executor, or a professional advisor, you expect them to act in your best interest. That trust is sometimes broken. A breach of fiduciary duty occurs when someone in a position of trust abuses that relationship for personal […]
Breach of Fiduciary Duty: Understanding Your Rights and Legal Options Read More »
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
The Ontario Arbitration Handbook: A Business and Legal Guide to Resolving Disputes Read More »
Imagine when you start up a business with people you share your vision with, and then at a certain point you disagree on how to divide the cake on important decisions, such as dividends or the future of the business and so on. This is what occurs every day in Ontario boardrooms. Shareholder disputes can
Navigating Shareholder Disputes: A Complete Guide for Ontario Business Owners Read More »
For U.S. citizens, Panama offers a powerful combination of a territorial tax system that exempts foreign-source income, no wealth or inheritance taxes, and a high quality of life. By obtaining legal residency through programs like the Pensionado or Friendly Nations visa, you can leverage this system to achieve significant tax efficiency. Your foreign-earned income can
A US Citizen’s Panama’s Territorial Tax System Read More »
Retirement planning is not all about saving money and paperwork anymore. Everyone is now asking Where will I spend my golden years? Panama is a very appealing, convenient, and surprisingly convenient option to those who are seeking it elsewhere. Panama has been among the best retirement locations for decades. It is a small Central
Planning Your Retirement Abroad? Here’s Why Panama Should Be Your Top Choice Read More »
Navigating a business dispute in Ontario presents a critical choice between litigation and arbitration. Litigation unfolds in public courts, offering binding precedents and extensive discovery but often at the cost of time, expense, and privacy. Arbitration provides a private, flexible, and typically faster alternative, with an expert decision-maker, though it can involve significant costs and
A Business Owner’s Guide to Arbitration vs. Litigation in Ontario Read More »
Indemnification clauses are key risk-management tools in Ontario commercial contracts, making one party responsible for compensating the other for losses from events like third-party claims or contract breaches. They are critical in high-risk sectors such as construction, real estate, and technology. Ontario law supports clearly drafted indemnity clauses that align with regulations and industry practices,
The Role of Indemnity Clauses in Ontario’s Commercial Contracts Read More »
The decision to buy a business in Ontario offers a faster route to entrepreneurship through instant cash flow and an established brand. However, this exciting venture requires navigating significant legal and financial complexities. A crucial first step is understanding the fundamental choice between an asset vs share purchase in Ontario. An asset purchase allows you
The Ultimate Cheat Sheet for a Smooth Business Purchase in Ontario Read More »
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
Resolving Corporate Disputes with A Toronto Commercial Litigation Lawyer Read More »
The real estate financing landscape has undergone a significant transformation over the past few years. Increasing interest rates, more stringent lending requirements among the conventional banks and the changing market dynamics have driven most Ontario property owners and investors to consider using private lending as an alternative. This is necessary whether you are a homeowner
Private Lending in Ontario: Your Guide to Alternative Financing Solutions Read More »
Imagine two childhood friends started an IT company. They split ownership 50/50. The company has been successful for five years, yet they cannot agree on anything. One desires rapacious growth, and the other desires gradual development. Neither is able to outvote the other. Disagreement has paralyzed their business. This is where a unanimous shareholder agreement
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
Crafting an Ironclad Independent Contractor Agreement in Ontario Read More »
