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Most shareholder agreements do (or should) contemplate the use of life insurance proceeds to fund the cost to buyout a deceased or disabled partner. However, in the early days of a new venture and having completed the process of putting … Read More
Odds are that, unless you are a lawyer or experienced with M&A transactions, the words “Bulk Sales Act” will mean nothing to you. However, if you are preparing to sell your business by way of a sale of assets and you … Read More
Here’s a scenario you may be familiar with: You’re involved (with or without your lawyer) in trying to get a contract with a customer or someone else finalized and signed. There are various drafts and redrafts. While you check to … Read More
As a transactions lawyer, it is essential to maintain maximum control over a deal at all times. Part of this “control” involves managing the internal issues between the parties to the deal and opposing legal counsel. This is relatively easy … Read More
I consult regularly with clients who have good paying, secure, senior corporate jobs and, inevitably after years of dissatisfaction and/or a need to “answer the calling“, they decide to carefully plot out the steps necessary to make a clean and … Read More
Here’s a very common Ontario corporate law mistake I’m asked to address several times each year. [I suspect this might have equivalent application to you if you are outside Ontario but please check with a corporate lawyer in your home … Read More
One of the most frequently asked questions I hear in my role advising technology start-ups is: “Do I have any potential personal liability as a new director/officer of a technology start-up?” At the outset, let me refer you to a … Read More
One of the great things about starting and operating a business in Canada are the considerable potential tax benefits. There are lots of ways to lawfully reduce the tax burden … both in terms of the taxes you pay on … Read More
I truly have the best job in the world. Why? Because in serving my clients, I learn everyday about what works and what doesn’t work in the REAL WORLD of starting, growing and selling businesses. My incremental knowledge base and experience grows … Read More
This is a really important question that I get asked frequently by my clients. Unfortunately, there are a number of “myths” out there on this topic … so I thought I would clarify the current law in this area. Sometimes … Read More
I just finished reading a fantastic book called Built to Sell by well-known author and columnist John Warrillow. It’s extremely well written in a very engaging, fictional style that makes this 150-page inexpensive book easy to read, cover-to-cover, in quiet … Read More
I had a really interesting lunch earlier this week with veteran Canadian family law lawyer Andrew Feldstein of Feldstein Family Law Group. As a child of divorced parents, I couldn’t resist asking Andrew to give me his take on how … Read More
My last post focused on the problem some companies suffer from by having “too many shareholders” and options to remedy this situation. Now I want to discuss a different but equally painful problem … that of the “phantom shareholder“. But first … … Read More
In the early days of many start-ups, the search for cash is relentless. As my readers know from one of my recent posts, cash is the “oxygen” that feeds all start-ups. In those early days, it’s not uncommon to take cash … Read More
Jordan Dolgin, Founder & CEO
Dolgin Professional Corporation
jdolgin@dpcLAW.ca
905.604.2541
90 Allstate Parkway, Suite 604
Markham, ON L3R 6H3 Canada
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