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…
View the post titled Navigating minor’s share ownership in OBCA corporations: Exceptions, risks, and mitigation strategiesNew transparency requirement for Ontario corporations
Effective January 1, 2023, Ontario corporations governed by the Business Corporations Act (Ontario) will be required to maintain a register of individuals with significant control. This change arises from Bill 43, which was passed by the Ontario government in 2021. Those familiar with federa…
View the post titled New transparency requirement for Ontario corporationsChevron intervention: what is the “public interest”?
The Canadian Bar Association (CBA) has been engaged in a fierce internal debate over the Association’s decision, now revoked, to intervene in Chevron’s appeal to the Supreme Court. The Ecuadorian plaintiffs in the case are seeking to enforce a $9.5 billion judgment obtained in Ecuador for te…
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