When working on a deal, you will likely encounter two main types of documents in the early stages: term sheets and letters of intent (LOIs). These documents outline the key terms of a potential agreement between parties before moving to the formal contract stage. But the...
We are thrilled to share that Post City Magazines has recognized each lawyer at R&D LLP as one of Toronto’s Top Lawyers for 2024. This esteemed honour highlights Brett Roane, Garth Dingwall, Ryan Shin, Taz Yailaqi, and Anton Malinouski, acknowledging their dedication, commitment to delivering outstanding...
Laws designed to protect the security of personal information are creating increasing challenges for companies of all sizes. The Personal Information Protection and Electronic Documents Act (PIPEDA), for instance, sets numerous requirements companies must meet to protect private data, and many provinces have established their...
At R&D LLP, we are always committed to keeping you informed about opportunities that can foster the growth and expansion of your business. The CanExport SMEs program is an exceptional opportunity to do just that. Provided by the Government of Canada, this initiative is designed...
We are thrilled to announce an exciting new addition to our team at R&D LLP—Margaret Marcinkiewicz, who joins us as a Senior Corporate Clerk working in our Business Law Group. Background Margaret comes to us with over 13 years of dedicated experience in corporate law, enhancing our...
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...
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...
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...
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:...