Tech Startups – W...

I had an interesting conversation with a friend the other day who is starting up a new mobile application business. He mentioned to me that he was interested in receiving US-based seed money and was wondering if incorporating in Delaware was worth it. A good question. Here’s how I...

As promised!

As promised in my last post, here is the link to the bulletin on the proposed changes to to the rules on communications with shareholders on the firm website.

No more printed informa...

Not quite! But the Canadian Securities Administrators (the “CSA“) are looking for comments on proposed changes to National Instrument 54-101. This particular instrument governs how reporting issuers communicate with their shareholders. One of the main changes being proposed is...

Closings

It used to be (largely before my time…!) that the “closing” of a deal, be it a public financing, acquisition, arrangement or what have you, was a very serious event where all the players and their lawyers would show up at one place and at one time, in order to dot the...

A Holdco is Your Friend

So youve been in business for a while now. Back when you first incorporated, you wanted to keep things simple. You incorporated a company, gave yourself 100 common shares for $1.00 per share (for a total subscription price of $100), and that was that! Now your business has gotten a little...

Crazy month!

March was an unusually busy month for a variety of reasons. At the office, it was an extremely busy period in terms of closings on the M&A front. It was also the annual recruitment period where hundreds of students come through the office applying for articling positions. On the home...

FISA and Mergers &...

One of the issues which the FISA has left many business people (and their lawyers!) scratching their heads about, is the impact the FISA will have on mergers and acquisitions. To put it another way, if I am a business person, what do I have to think about when I am either buying the...

Communication and Socia...

There’s no question that social media has impacted the way businesses communicate with current and potential customers. So I’m always somewhat surprised when I’m asked what social media has to do with the law. Communication, particularly corporate communication, is a...

FISA v. Databases

As a follow-up to the last post, I was thinking it might be useful to go into a bit more detail on the database aspect. Lots of companies will encourage users to sign-up for a mailing list for corporate newsletters, promotions and other marketing campaigns. Sometimes it’ll be...

FISA v. Contact Forms

Today is a pretty exciting day; my first bulletin went online on my firm’s website. You can find it here. Instead of repeating the text of the bulletin, I thought I’d go into some of the practical implications a little more. Let’s start with the standard contact...

Updating the Blog

I used to update this blog fairly regularly. But, since finishing law school, I haven’t really had the chance to do much with it. Time to get back on the horse! This time, I decided to start with a blank slate and give it a more professional feel (perhaps that desire comes with the...