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 […]
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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 […]
Whether this option is chosen at the time of incorporation or later, the incorporating documents of each joint-stock corporation includes a designation of shares and a description of their characteristics. This share capital represents the shares the corporation may issue to its shareholders. Thus, while all joint-stock corporations have a share capital, some have the advantage of a flexible, detailed […]