A builder lien can be filed by anyone who has provided work or materials to a construction project but has not been paid for their services. This can include general contractors, subcontractors, suppliers of materials, architects, engineers, and consultants. To be eligible to file a builder lien, the claimant must have provided the work or [...]
Private Company Acquisition Negotiations The following is a list of key provisions negotiated in all private company acquisition agreements: Acquisition structure Firstly, determine whether this will be an asset purchase or share purchase. You should have discussions with your lawyers and accountants very early in the process, so you understand the process and consequences [...]
Securities may not commonly be offered for sale in Canada without providing a prospectus to potential investors. A prospectus is a formal legal document, which is required by and filed with the appropriate securities regulatory authorities, that provides substantive details about a particular investment offering, which is offered for sale to the public. A prospectus [...]
What You Need To Know - The Land Owner Transparency Act (LOTA) came into force in British Columbia on November 30, 2020 as part of the provincial government’s campaign to end hidden or undisclosed ownership of land and property in British Columbia. The LOTA requires every reporting body such as a corporation, trust or partnership [...]
There are many benefits to incorporating a business in British Columbia, such as limited liability, lower corporate tax rates, and financing opportunities. While it is possible to incorporate on your own through the online incorporation process, legal advice from a lawyer with experience in business law can help you determine the best model for your [...]
When deciding to buy or sell a business in BC, there are a number of factors to take into consideration. The transaction process is complex and requires careful planning and preparation to ensure that everything goes smoothly. There are two key stages in the purchase or sale of a business: First, an [...]
