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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


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


Blaneys Ontario Court of Appeal Summaries
  • Blaney McMurtry LLP
  • Canada
  • April 14 2017

In Deslaurier Custom Cabinets Inc. v. 1728106 Ontario Inc and Sankar v. Bell Mobility Inc., the Court reconsidered, but ultimately upheld, its prior


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


Acquiring contracts in the purchase of a business
  • Clark Wilson LLP
  • Canada
  • May 31 2013

When acquiring a business, often a key component is the contracts to which the company is a party to. Whether they are contracts with customers and


Canadian Companies and the Effects of Foreign Operations - Out of Sight, Front of Mind
  • Borden Ladner Gervais LLP
  • Canada
  • March 15 2017

As the domestic Canadian economy continues to mature, companies with a healthy appetite for risk can find themselves looking outside Canada to


Ontario Passes Legislation That May Ban Door-to-Door HVAC Transactions
  • Aird & Berlis LLP | Aird & McBurney LP
  • Canada
  • April 12 2017

On April 10, 2017, the Ontario government passed Bill 59, titled Putting Consumers First Act (Consumer Protection Statute Law Amendment), 2017. The


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


A Canadian Perspective: Proposed Amendments to Delaware’s General Corporation Law Would Enable Use of Blockchain
  • McCarthy Tétrault LLP
  • Canada, USA
  • March 31 2017

On March 13, 2017, the Council of the Corporation Law Section of the Delaware State Bar Association released proposed legislation that would amend


When and how to use fiduciary out clauses
  • Norton Rose Fulbright Canada LLP
  • Canada
  • August 13 2015

Almost every acquisition agreement involving the acquisition of a public company will include a provision whereby the board of directors of the