Business Law

Time is Running Out for Not-For-Profit Corporations to Continue Under the New Canada Not-For-Profit Corporation

Tick tock...time is running out. This summer Corporations Canada has been actively reminding federal corporations that are currently incorporated under Part II of the Canada Corporations Act (CCA) that they have to continue (transition) under the new Canada Not-for-profit Corporations...

By Merovitz Potechin on Wednesday August 27, 2014

Landlord’s Right of Distress

While a landlord can exercise their right to seize the goods of a tenant, this right is not unlimited. Ontario courts have previously held that a landlord must choose between the mutually exclusive remedies of forfeiture or distress. This was...

By Merovitz Potechin on Monday July 14, 2014

Are you ready for the new Canada Not-for-profit Corporations Act?

As many of you may know, the federal government brought into force the Canada Not-for-Profit Corporations Act (CNCA) on October 17, 2011. The CNCA is a comprehensive piece of legislation that is designed to provide organizations with a more modern...

By Merovitz Potechin on Wednesday July 9, 2014

The Requirement to Customize Franchise Disclosure Documents

It is no longer sufficient for a franchisor to provide prospective franchisees a generic disclosure document. Ontario courts have determined that disclosure documents must be customized to include specific material facts about the actual franchise being granted if such site-specific...

By Merovitz Potechin on Monday June 23, 2014