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Understanding Your Business Organization Options III

This is the third entry of Understanding Your Business Organization Options. For information on corporations and sole proprietorships, please see Understanding Your Business Organization Options I, and...

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A Lawyer's Role in a Residential Real Estate Transaction I

This is a two-part blog entry. For a discussion of title insurance, the registration of the deed, and the transfer of funds, please see A Lawyer's Role in a Residential Real Estate Transaction II. For...

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A Lawyer's Role in a Residential Real Estate Transaction II

This is the second entry of a two-part blog entry. For information regarding the agreement of purchase and sale; the nuances of the transaction; and the completion of title and other recommended...

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Shareholder Activism - Being Involved in an Investment

I recently attended the annual general meeting of a relatively small public company traded on the TSX-V (market cap as of 11/29/13 was 9.121M) where a group of disgruntled shareholders launched a coup...

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Shareholder Agreements - Good Corporate Governance for Privately-held Companies

A shareholder agreement is an excellent corporate governance tool that can protect minority shareholder interests, safeguard the company’s competitive interests, and regulate ownership and voting...

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Director and Officer Liability - MUST KNOW for executives!

Due to commonplace public misinformation, it can come as a surprise when I inform my clients that the corporation for which they are a director and/or officer of is not an absolute shield against...

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Using Your RRSP to Purchase Your First Home

As a first-time home buyer (as described below), you may borrow a maximum of $25,000 ($50,000 for couples) interest free for 15 years from your RRSP when purchasing a principal residence. Borrowing...

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Dying without a Will and the Distribution of Your Estate

Passing away without a will can leave your loved ones with unforeseen complications and, in some cases, disappointment. No matter what stage of your life, planning for your death is not just to provide...

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Understanding Closing Costs in a Residential Real Estate Purchase Transaction

There are various closing costs associated with purchasing a home in Toronto. Below is a brief summary of the most common expenses, their approximate cost, and how they are paid.Land Transfer Tax....

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Lemke Law Professional Corporation's Statement of Principles

The Law Society of Upper Canada requires all firms and licensees to establish a Statement of Principles as a recognition that the legal profession plays a vital role in accelerating culture shift. The...

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