Corporate Law Archives - Page 3 of 5

January 26, 2021

Should I Incorporate a Named or Numbered Company?

Listen to this post In short, there is no legal difference between incorporating a named or numbered company. However, the difference lies in what you wish to do with the company.Incorporating a Named CompanyIf your company deals with the general public and you plan on developing a recognizable brand name for your business, then incorporating

incorporation, company, startup, business

share purchase agreement vs asset purchase agreement

December 22, 2020

Share Purchase Vs Asset Purchase – Which is Better?

A business transaction may be structured in various ways to transfer the ownership of the business to the buyer. The most common forms are share purchases or asset purchases. You may want to consult with a legal professional to determine the appropriate structure because each structure may have cost and tax consequences. In a share

selling a business, spa, apa, buying a business

December 15, 2020

How Important is the Letter of Intent to Buy or Sell a Business?

A Letter of Intent (LOI) is a document that is used between two or more parties to set forth the key terms and conditions of a proposed transaction, without forming a legally binding contract. TABLE OF CONTENTS Why do I Need a Letter of Intent? What Information is Included in a Letter of Intent? Transaction

buying a business, selling a business, letter of intent

July 8, 2020

Force Majeure Clauses in Lease Agreements During Covid-19

Lease agreements are long and full of dry content. In truth, there really isn’t a way to make them more fun. But there are ways to negotiate and draft lease agreements to protect your rights more fully. A force majeure clause is an especially relevant consideration in light of the COVID-19 Pandemic. Force Majeure and

contracts, legal documents, covid-19, force majeure, lease agreements

June 30, 2020

Covid-19 Court Updates

This post was last updated on July 28, 2020. The COVID-19 Pandemic forced the closure of courts across all levels in Canada. This blog will focus on the various updates provided by the courts throughout the pandemic, and attempt to map out the various courts’ progression towards resuming normal operations. Table of Contents BC Courts

covid-19, federal court