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Published on: 11 Jan 2024 By

Navigating the mergers and acquisitions landscape: The role of due diligence

Mergers and acquisitions (M&A) represent a strategic approach for companies looking to grow, diversify, or streamline their operations. However, the success of these transactions hinges on a comprehensive understanding of the target company’s financial, operational, and legal land…

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Published on: 13 Dec 2023 By ,

Navigating minor’s share ownership in OBCA corporations: Exceptions, risks, and mitigation strategies

The Ontario Business Corporations Act (OBCA) serves as the regulatory backbone for the establishment and operation of corporations in Ontario. However, can a minor hold shares in an OBCA corporation? What if a parent wants to pass on shares to their child? And if so, what risks come with thi…

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Published on: 5 Dec 2023 By

Banman v Ontario, the preferable procedure requirement, and institutional abuse litigation

The first stage of a class proceeding is the certification stage. Certification is a procedural step, the purpose of which is to screen out cases that are not appropriate to be dealt with on a class-wide basis. In Ontario, an action is certified if it passes the five-step test outlined in se…

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Published on: 27 Sep 2023 By ,

Navigating the complex world of Letters of Intent: A buy-side guide

In the rapidly paced, high-stakes game of mergers and acquisitions (M&As), the first move is not dissimilar to a game of chess; a good opening will set the pace for the rest of the game. In M&A deals, the first move must be similarly strategic, resembling an orchestrated dance that…

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Published on: 1 Aug 2023 By

Ontario Court of Appeal decides non-party litigation funders not liable for defendants’ costs in Davies v. Clarington (Municipality)

In Davies v. Clarington (Municipality), 2023 ONCA 376, the Ontario Court of Appeal reached the reasonable conclusion that non-party lenders with no involvement in directing litigation are not liable to pay an adverse costs award that a plaintiff will not pay.  On this appeal, the Court provi…

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