Author Archive:
Mark Weintraub K.C.
Your Questions Answered: Employment Agreements, Policies, Immigration and More!
Read more: Your Questions Answered: Employment Agreements, Policies, Immigration and More!Business owners, leaders, and human resource professionals won’t want to miss this informative session where Clark Wilson’s Employment and Labour Group covers its most frequently requested topics. This timely and informative session will cover not only the basics of employment agreements, policies, immigration and employee discipline, but also important updates and developments. Our expert panel will also…
Final Reminder: My “How to Buy or Sell a Business” Seminar is Next Week
Read more: Final Reminder: My “How to Buy or Sell a Business” Seminar is Next WeekThursday, September 19th, 20248.30 am to 1.00 pm | Vancouver, BC Join me at a confidential seminar to learn valuable strategies for your next transaction. Purchase Your Ticket Here To Secure Your Spot Whether you are a business owner contemplating your exit strategy now, or in the next 5 to 10 years, or you are focused…
Secure the Purchase Price
Read more: Secure the Purchase PriceMost people think banks are the only money lenders in large business transactions like the purchase and sale of a business. In fact, it’s very common for business owners to find themselves not only in the role of the seller but also as a lender as well. When this happens, it’s important for the business…
My “How to Buy or Sell a Business” Seminar Returns in September
Read more: My “How to Buy or Sell a Business” Seminar Returns in SeptemberThursday, September 19th, 20248.30 am to 1.00 pm | Vancouver, BC Join me at a confidential seminar to learn valuable strategies for your next transaction. Register today to secure early bird pricing! Whether you are a business owner contemplating your exit strategy now, or in the next 5 to 10 years, or you are focused on…
Time is Money: Late Notice and Claims-Made Coverage
Read more: Time is Money: Late Notice and Claims-Made CoverageFurtado v. Underwriter, 2024 ONCA 579 summarizes the key differences between claims-made and reported policies and occurrence policies in connection with late notice of a claim. The Ontario Court of Appeal affirmed the lower court’s decision that failure to give timely notice under a claims-made and reported policy made relief from forfeiture inapplicable and the insurer was…
Don Sihota’s Business Succession Update – The Earn Out
Read more: Don Sihota’s Business Succession Update – The Earn OutAs a result of working on many business purchase and sale transactions every year, I often see trends arising in the types of deals being made. Deferred payments are common in saletransactions, whether they be holdbacks, vendor financing or earn outs. While holdbacks and vendor financing are very common, earn outs are less so. However,…
Posthumous Conception: How Does This Affect My Estate?
Read more: Posthumous Conception: How Does This Affect My Estate?By Zachary Murphy-Rogers and Vivian Thieu Our society’s understanding of what constitutes “family” is everchanging, especially in light of our appreciation and recognition of the many different forms a relationship can take. This has further changed with possibilities that have arisen through the emergence of reproductive technology. But, this emergence has led to other questions, specifically in the…
When Mixed Drinks Lead to Mixed Claims: Insurer not Under Duty to Defend Ontario Bar from Personal Injury Suit
Read more: When Mixed Drinks Lead to Mixed Claims: Insurer not Under Duty to Defend Ontario Bar from Personal Injury SuitThe Ontario Superior Court of Justice has recently held that a liability insurer is not obligated to defend an insured bar operator from a liquor liability claim brought by an injured patron. In Kelloway v. Jack-O’s Sports Bar, 2023 ONSC 5925, the Plaintiff alleges that the Defendant, the operator of a Woodstock, Ontario sports bar, overserved him…
Budget 2024: Important Changes Impacting British Columbians
Read more: Budget 2024: Important Changes Impacting British ColumbiansBy Maria Starko, St. John. McCloskey and Chris Sharpe On February 22nd, the Provincial Government released its 2024 budget (the “Budget“). The measures outlined in the Budget include measures intended to speed up the construction of new homes, increase the supply of middle-income housing, and fight speculation in the real estate marketplace. While many questions remain, the following is a brief…
You Can’t Lend if You’re Not Licensed, or Can You? Vendor Take-Back Mortgage – a Helpful Tool in Transfer of Property Ownership
Read more: You Can’t Lend if You’re Not Licensed, or Can You? Vendor Take-Back Mortgage – a Helpful Tool in Transfer of Property OwnershipBy Karen Ngan It’s not always possible for buyers or families to figure out financing before making the decision to buy real estate. You may want to sell property amongst family members who do not qualify for a traditional mortgage. Particularly in today’s market, the ability for sellers to lend money by way of a…
Beware: Your Careful Trust Planning can be Varied by the Court: Winding up a Trust with Contingent Beneficiaries
Read more: Beware: Your Careful Trust Planning can be Varied by the Court: Winding up a Trust with Contingent BeneficiariesBy Maria Starko and Zachary Murphy-Rogers When setting up a trust, it can be difficult to imagine all the future scenarios and who may end up entitled to trust property. When these uncertainties exist, it is important to know the possibility of the trust being varied or terminated in the future. The British Columbia Supreme Court’s recent decision…
Options for Business Owners
Read more: Options for Business OwnersAs a Business and M&A lawyer, I help business owners transition out of their businesses so they can move on to the next stage in their lives. In this report, I will summarize some of the options for business owners who are looking at business succession.