Changes to the Investment Canada Act
The review thresholds for acquisitions by WTO investors will change to consider enterprise value with the potential for more investments by WTO investors being scrutinized under the ICA
The Purchase Agreement: Interpretation
Discusses the first substantive article of the purchase and sale agreement – definitions and other interpretation-related provisions.
The Standstill and Exclusivity Agreement
Discusses what is necessary for a standstill agreement to be valid and enforceable
The NDA (or Confidentiality Agreement)
There are certain requirements that are necessary to be in place when reviewing a confidentiality agreement
The M&A Advisor
Discusses the significant benefits to sellers in using the services of an M&A advisor when selling their business
Don Sihota hosts planning session for business owners
On March 26, 2015, Don Sihota, along with 3 other industry leaders, is hosting a planning session for business owners to minimize risk and maximize ... Continued
Acquiring Contracts in an M&A Transaction
When acquiring a business, a key component is the contracts to which the company is a party to, and what contracts are transferrable
Is it Time to Restructure?
Discusses the benefits of restructuring a business in order to see capital gains exemptions
Shareholders Agreements & CCPC Status
Discusses the case of Bagtech Inc. v. R where the court confirmed that shareholder agreement can be taken into account in determining CCPC status, as long as the agreement qualifies as a unanimous shareholder agreement
Succession and Minority Shareholders
Discusses that even when a business is not doing well there is opportunity to start planning for succession and for it be a great benefit to the client
Maintaining Accurate Corporate Records
Outlines a few considerations for keeping proper minute books and corporate records
The Purchase Agreement: Preamble
Discusses the introductory components of a contract, such as the title, date, parties, recitals and “lead in” to the meat of the agreement