Contracts are a prime example of intangible property. Parties to commercial contracts, like other property owners, frequently want to transfer their property to a third party. The transfer of a contract refers to the assignment of some or all of a party's rights or...
Blogs
The Legal Implications of Cryptocurrency and Blockchain Technology in Canada
What is Cryptocurrency? Cryptocurrency is a type of digital asset that employs blockchain technology to record transactions and control the issue and transfer of the cryptocurrency in a decentralized way, and thus, preventing fraudulent transactions. Bitcoin, which...
Intentional Interference In Contractual Relations Vs. Economic Relations
If a third party interfered with your ability to conduct business, you may have a cause of action against the third party under the tort of intentional interference in contractual relations, or the tort of intentional interference in economic relations. While both the...
The New Residential Rental Property Rebate
The New Residential Rental Property Rebate You are entitled for the new residential rental property rebate (NRRPR) if you bought a newly constructed home or condo as an investment property and have a tenant who has signed a lease for at least one year. Notably, when...
Foreign Entities Acting as Shareholders in Ontario
Foreign Entities Acting as Shareholders in Ontario In general, foreign entities enjoy much of the freedom that Canadians do in terms of investing in corporations as shareholders in Ontario. However, there are certain situations in which investors may be restricted or...
Piercing the Corporate Veil: The Basics
There are many benefits to incorporating your business including tax benefits and reducing liability. Incorporating a business provides protection or a ‘veil’ to shareholders from personal liability, as the corporation becomes legally liable for the actions and...
Approaching Your Contractual Obligations During COVID-19
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Construction Lien
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Business Organizations
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Corporate Law
Oppression Remedy Are you a shareholder or other interested party unfairly prejudiced by the conduct of a corporation? You may have the right to bring a court action against the corporation under section 241 of the Canada Business Corporation Act. A complainant may...
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