Business Law

Do I Need a Lawyer to Incorporate My Business?

Incorporating a business is a big step for entrepreneurs. You want to make sure it’s done right. Incorporating a business on your own through a third-party website might seem like a cost-effective approach, however these sites fail to include all...

By Jennyfer Kinnell of Merovitz Potechin LLP on Tuesday May 30, 2023.

Is an Offer to Lease a Binding Agreement?

Is an Offer to Lease the same as a Lease Agreement? Often, we receive questions from commercial clients asking if they can walk away from a lease when a formal lease agreement has yet to be signed. On the other...

By Jennyfer Kinnell of Merovitz Potechin LLP on Monday July 25, 2022.

Indemnity Clauses in Business Contracts

What is an Indemnity Clause? An indemnity clause in a business contract is where one party agrees to cover another contracting party for potential losses and/or damages caused by the party and/or claims made by a third party. Simply put,...

By Jennyfer Kinnell of Merovitz Potechin LLP on Wednesday July 13, 2022.

Evicting a Commercial Tenant in Ontario

UPDATE - APRIL 27, 2021 In December 2020, Bill 229, Protect, Support and Recover from COVID-19 Act, 2020 came into effect, which amends the Commercial Tenancies Act (CTA) to reinstate a temporary ban on evictions in Ontario for certain eligible...

By Merovitz Potechin on Tuesday April 27, 2021.

Commercial Tenancies, Letters of Credit and Bankruptcy

One method used by commercial landlords to secure against losses from commercial tenancies is to require tenants to post letters of credit (“LCs”), that the landlord can draw upon in defined circumstances. Though certainly useful, in Ontario there has been...

By Eric Lay of Merovitz Potechin LLP on Thursday January 21, 2021.

Personal Real Estate Corporations

Thanks to new legislation by the government of Ontario and the Real Estate and Business Brokers Act, 2020 (REBBA), a brokerage can now pay remuneration (i.e. commissions) owed to a salesperson (real estate agent) or broker for trading in real...

By Merovitz Potechin on Thursday October 22, 2020.