partnership legal advice in kanata ca

My friend and I have an idea for a business and we are considering forming a partnership. How does a partnership work and how should one be setup? Whether or not a partnership exists is a fundamentally a legal question. Ontario’s Partnerships Act says that a relationship between “persons carrying on a business in common…

Read More
shareholder agreements Lawyer

My business partner and I are the shareholders of our incorporated restaurant. Everything is going well between us but we’ve be told that we should have a shareholders agreement for our corporation. What is a shareholders agreement and why do we need one? A shareholders agreement is a contract between two or more shareholders of…

Read More

My neighbor tells me that he pays his adult children out of his business corporation to fund their costs and expenses while they attend university, and saves a lot on tax compared to what he would pay if he personally funded their expenses. How do I set up my business corporation to do this? The…

Read More
Kanata CA personal injury, family, and real estate law firm

Q: I run a small business and I am currently in the process of looking for commercial space. Do I need a Lawyer to review the lease? A commercial lease is a complex legal document. In addition to the usual but important commercial provisions such as the term of the lease and monthly rentals, there are numerous other commercial…

Read More
Kanata CA personal injury, family, and real estate law firm

My business partner and I are the shareholders of our incorporated restaurant. Everything is going well between us but we’ve been told that we should have a shareholders agreement for our corporation. What is a shareholders agreement and why do we need one? A shareholders agreement is a contract between two or more shareholders of a corporation that…

Read More
Kanata CA personal injury, family, and real estate law firm

BY: ROBERT ALLAN This week’s Reader asks: I am negotiating to purchase a business and my business advisor has strongly suggested I structure the deal as an “asset purchase”. Why is this preferable? There are two principal ways to structure the agreement of purchase and sale of a business:as an asset purchase or as a…

Read More
Kanata CA personal injury, family, and real estate law firm

BY: ROBERT ALLAN This week’s reader asks: My husband and I are the sole shareholders and directors of an incorporated retail business. We have been quite successful and are generating cash excess to business requirements. We do not want to pay the cash out to ourselves now, and pay high rates of tax, but at…

Read More
Kanata CA personal injury, family, and real estate law firm

By: Robert Allan Some of our younger readers might be wondering: how do you get into law school? While it seems that I graduated from law school not that long ago, a few things have changed in almost three decades. I spoke with our two articling students for more up to date information with respect to their experiences applying…

Read More
Kanata CA personal injury, family, and real estate law firm

Both employers and employees regularly ask us questions concerning the nature of the obligations which exist for employers in preventing workplace harassment and violence. The Law In December 2009, the Government of Ontario passed amendments to the Ontario Occupational Health and Safety Act (the “OHSA”) to address these concerns. The amendments to the OHSA impose…

Read More
Kanata CA personal injury, family, and real estate law firm

I am the sole proprietor of a profitable construction business that I want to expand. I’m nervous about the risk associated with the business and its expansion. Should I incorporate?   We would strongly recommend incorporation. Incorporation provides you with limited liability to protect your personal assets from creditors, and tax advantages that will help…

Read More