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Published on: 22 Jan 2024 By

Canadian private equity funds face hidden risks when taking on non-resident investors

Private equity funds and limited partnerships Private equity funds almost always operate as limited partnerships (LPs). The LP structure is simple but effective: The fund manager, usually a corporation, manages the business as the general partner and assumes unlimited liability. The investor…

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Published on: 19 Jan 2024 By

Another large increase: Statutory deductibles and thresholds 2024 – A legislated barrier to full recovery

Did you know that if you have been hurt in a motor vehicle collision seriously enough to receive an award for pain and suffering, it may be reduced by $46,053.20? This amount is known as the statutory deductible and, worse yet, it is tied to inflation and increases each year. If you are inju…

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Published on: 18 Jan 2024 By (She/Her)

Sexual abuse matters in the civil and criminal systems – what’s the difference?

Instances of sexual abuse can be addressed legally in the civil and criminal systems. Some matters may end up in both. The processes, purposes of, and possible outcomes in each differ. Criminal matter A criminal case is pursued by the Crown with the benefit of police investigation. The goal …

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Published on: 15 Jan 2024 By

Can minors sign shareholder agreements in Canada?

A shareholder agreement is a document that generally sets out the rights, privileges, and obligations of a company’s shareholders and the foundation for how a corporation will be established, managed, and run. As such, shareholder agreements are important to both the shareholders of a corpor…

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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: 10 Jan 2024 By

Large foodborne illness outbreak linked to Cantaloupe contaminated with Salmonella

As of December 22, 2023, there have been seven deaths and 164 confirmed cases of Salmonella in Canada linked to a nationwide outbreak arising from contaminated Cantaloupes. Symptoms of Salmonella infection include: Symptoms typically develop within 6 to 72 hours after consuming contaminated …

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Published on: 8 Jan 2024 By

Ontario’s new Consumer Protection Act prompts businesses to revisit contracts for compliance

In the last month of 2023, Ontario’s Bill 142, Better for Consumers, Better for Businesses Act, 2023 received Royal Assent, which repeals the Consumer Protection Act, 2002 and replaces it with the new Consumer Protection Act, 2023 (“CPA 2023”). Notably, although the Bill was passed, CPA 2023…

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