Tax season is in full swing and your accountants are working overtime trying to complete your corporation’s financial statements. Although most entrepreneurs already know that their businesses must prepare these financial statements on a yearly basis, very few know that the Law (whether it be at the Quebec or at the federal level) requires that […]
Corporate book, minute book, company book, whatever you want to call it, for many corporations this (in)famous book is quietly gathering dust on a shelf. In a previous post, we discussed the importance of keeping the corporate book up to date. But what should entrepreneurs do should they unfortunately lose their minute book? As it […]
I have previously written an article on shareholders agreements, a topic that covers many issues, some of which frequently turn up during discussions with my clients. One of these issues is undoubtedly both of interest and concern for many clients: the shotgun clause (also called “compulsory buy-sell clause”). The target Roughly speaking, a shotgun clause […]