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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


Incorporation of Professionals after the 2016 Federal Budget
  • MacPherson Leslie & Tyerman LLP
  • Canada
  • April 18 2016

Many different professional groups have been granted the ability to provide their services through a professional corporation. The groups entitled to


U.S. DOJ Announces Pilot Project For Self-Reporting Foreign Corruption ViolationsWill Canada Follow Suit?
  • Bennett Jones LLP
  • Canada, USA
  • April 15 2016

On April 5, 2016, the Foreign Corrupt Practices Act (FCPA) Unit of the U.S. Department of Justice's (DOJ) Criminal Division announced a one-year


Lessons from the Consumer Products and Retail Summit: Are Bricks and Mortar Stores Still Relevant?
  • McCarthy Tétrault LLP
  • Canada
  • April 18 2016

In 2015, the retail industry was plagued with bad news and disappointing earnings. Many retailers closed their doors in Canada, including MEXX, Jacob


From Unicorns to Coackroachs - How Investor Preferences are Changing
  • Aird & Berlis LLP
  • Canada
  • April 15 2016

With venture capital (VC) funding going through a dry spell in the first quarter of 2016, investors appear to be changing their preference of


U.K. Court’s Latest Statement on Liquidated Damages Clauses and Possible Impact on Canadian Construction Contracts
  • MacPherson Leslie & Tyerman LLP
  • Canada, United Kingdom
  • April 1 2016

Liquidated Damages (LD) clauses are often included in construction contracts as a means of motivating timely project completion. Through an LD clause


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


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


Applications for leave to appeal dismissed - 21 April 2016
  • Gowling WLG
  • Canada
  • April 21 2016

The Alberta Utilities Commission held a Utilities Asset Disposition proceeding and addressed risk for stranded assets; assets no longer used to