Toronto, April 19, 2024 – We are delighted to share the news of our recent acquisition of the corporate practice of Fish & Associates, a renowned law firm established over 50 years ago in Thornhill, Ontario. This strategic acquisition sees the transition of Fish &...
The Essence of the Fiduciary Duty
The fiduciary duty represents the cornerstone of a director's obligations. It is a legal and ethical mandate for directors to act with unwavering honesty, integrity, and in good faith, always placing the corporation's interests above their own. This duty is...
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Sandbagging provisions in purchase and sale agreements are critical components that allow a purchaser to pursue indemnification claims against a vendor for breaches of representations, warranties, or covenants, even if these breaches were known before closing the transaction. This could expose a vendor to potentially...
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At R&D LLP, we understand the importance of having enforceable employment agreements in place as they serve as a cornerstone in protecting your company's interests and defining the parameters of your relationship with employees.
Updating Employment Agreements Before Year-End
As a result of recent decisions by the...
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One of the first questions that start-up companies need to consider when preparing for seed financing is how they will structure the financing transaction with their investors. If the start-up company is a private Ontario or federal corporation, the most popular financing instruments are typically:...
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As we begin a new year, we reflect on the successes and growth that defined 2023 for R&D LLP. We are delighted to share some of our key highlights:
Firm Evolution
New Firm Name: R&D LLP launched under a new banner on January 1, 2023, with the...
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Optimism runs high at the beginning of a new business venture as co-founders set down lofty goals and plan for long-term commitment to one another and the company. However, like many things in life, a business venture may not go according to plan, and, before...
Posted at 17:04h
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Shareholder agreements protect some of stakeholders’ most basic rights–but only when those agreements are properly drafted. Whether shareholders are working together as a group to negotiate an agreement or one shareholder has taken the initiative to draft an agreement, it is a good idea to...
Posted at 15:53h
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by developerlm
Forming a corporation is a complex process with many facets. One important component that is often overlooked is the creation of a shareholder agreement.
While it is certainly possible—and still a good idea—to create a shareholder agreement later, stakeholders in the company protect their interests best...
Posted at 16:58h
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Many businesses require employees to sign an employment agreement at the time of hiring. Then they file the agreement away with other paperwork and ignore it until a problem arises. This is not the right approach.
Changes in the legal and business environments can cause the...