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"Best efforts" - "reasonable efforts" - "commercially reasonable efforts" - what do these terms mean?

  • Dentons
  • -
  • Canada
  • -
  • June 7 2010

Agreements often refer to obligations being performed to a certain standard

“Best efforts” and “reasonable efforts” clauses in commercial contracts

  • Langlois Kronstrom Desjardins LLP
  • -
  • Canada
  • -
  • February 13 2015

Is there a distinction in civil law between the concepts of “best efforts” and “reasonable efforts”? Many lawyers have had this discussion when

Canada's enhanced corporate responsibility strategy: comply or risk losing government support abroad

  • Gowling Lafleur Henderson LLP
  • -
  • Canada
  • -
  • February 19 2015

With interests in more than 8,000 properties in more than 100 countries, Canadian extractive-industry companies account for almost half of the

The 'indoor management rule' explained

  • Dentons
  • -
  • Canada
  • -
  • April 1 2014

A person dealing with a corporation need not inquire about the formality of the internal proceedings of the corporation, but is entitled to assume that there has been compliance with the articles of association and bylaws

Think twice before using an LLC in Canada

  • Miller Thomson LLP
  • -
  • Canada
  • -
  • October 31 2013

A limited liability company (“LLC”) is a common type of business entity used in the United States of America (“US”). However, Americans planning to

CRA says s. 103 and s. 80 did not apply on sale of a partnership

  • Thorsteinssons LLP
  • -
  • Canada
  • -
  • February 16 2015

In 2014-0529981I7, the CRA Rulings Directorate considered a case where partnership interests and a debt obligation (Particular Note) owed by a

Company directors jailed after employee death

  • Davis LLP
  • -
  • Canada
  • -
  • February 12 2015

There is a rising trend towards holding supervisors and managers legally responsible for accidents in the workplace. On January 13, 2015, New Mex

Assignments of conditional sale contracts

  • Aird & Berlis LLP
  • -
  • Canada
  • -
  • February 11 2015

In the automotive industry, it is common practice for a car dealer to enter into a lease or conditional sales contract with a customer and then

In-camera board meetings what are they good for?

  • Borden Ladner Gervais LLP
  • -
  • Canada
  • -
  • June 29 2011

Most people involved in organizations know that board meetings should be held regularly in order to ensure proper governance and adequate communication opportunities within the organization

Ontario Consumer Protection: new special rules for water heater agreements

  • Cassels Brock & Blackwell LLP
  • -
  • Canada
  • -
  • February 11 2015

New amendments to the Consumer Protection Act (Ontario) (the "Act") made in December 2014 in respect of water heater agreements will come into force