Cherries on Branch

Frequently when restructuring a closely held private corporation shareholders must decide whether to transfer shares from one shareholder to another with a share purchase and sale or to have the corporation redeem (i.e. buy back) the shares from the shareholder, resulting in a reduction in the total number of issued and outstanding shares and increased…

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Cabbage

What is a shareholder agreement? A shareholder agreement is an agreement between the shareholders of a corporation establishing the rights of the company’s shareholders as well as the management of the corporation. Why is it important to have a shareholder agreement? The shareholder agreement is intended to ensure that shareholders are treated fairly and that…

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Forest Floor

Business owners often have questions about how to organize their business and whether or not it is appropriate for them to incorporate. An understanding of the different ways a business can be structured is necessary to decide what is appropriate for your business and its needs. In Ontario a business can be organized in one…

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