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Commercial Real Estate and Liens

A photo of new office buildings

Some of our clients in the construction or services industry are all to familiar with the impact of liens in commercial real estate matters.  Essentially, there are two ways to file a lien. If there is an outstanding debt, we can sue the debtor within two years from the date the debt became outstanding. After an action is commenced…

Will and Estate Plans

Many prospective clients wonder whether they need a will and power of attorney in their estate plan. They may not have a will for any number of reasons, including a lack of time and understanding of the benefits and importance of a will and power of attorney. In this article, we hope to debunk this…

Declaring Dividends and Director’s Resolutions

If a Canadian corporation is declaring a dividend to its shareholders, some thought needs to be given to the type of dividend that is being declared and the type of resolution that should be signed to document the declaration.  Dividends are payments out of the corporation paid to shareholders.  When properly declared, they can be paid…

Should you have a Family Trust?

Two boys go fishing off a dock

If you have assets and intend to share them with family at some point, you should consider the use of a family trust. It is key to consider the assets that you are choosing to transfer to your family trust.  The first reason is that once they are transferred, the assets will now be owned by the trust and held for the benefits of the beneficiaries. …

Terminating Family Trusts

From time to time we are asked whether it is possible for the Beneficiaries of a Testamentary Trust or Family Trust to terminate the Testamentary Trust or Family Trust despite the Testator’s or Settlor’s original intentions. To answer this question we need to consider the rule that comes to us from an English case called…

An Estate Freeze and Your Family Trust

A piggy bank with a clock sitting on top of it

An Estate Freeze and your Family Trust are two very powerful tax planning tools.  If you’re smart about your tax planning you won’t pay a dime of tax on any growth of your assets after you turn a certain age if you undertake an estate freeze at the appropriate time. An estate freeze is the process of taking…

Business Asset Sales and Corporate Share Sales

We frequently are asked to advise upon the implications of selling shares and/or business assets.  When selling your business, there are many factors to consider and whether you sell shares or assets is a foremost consideration. Generally, we find that the sale of shares yields a better result for the seller than the sale of assets.  This is especially true if…

JP McAvoy speaking at East Region Solicitors Conference

ConductLaw’s Managing Partner JP McAvoy is speaking at the East Region Solicitors Conference to be held at the Fairmount Le Chateau Montebello on Friday May 22 and Saturday May 23, 2015. JP McAvoy practices corporate and commercial law at ConductLaw. He was called to the bar in Ontario in 2001, he received his LL.B from…

Partnership and Business Agreements

  Partnership Agreements and related Business Agreements are essential.  From time to time we get asked to comment upon key court decisions and how they impact our corporate and professional clients. In Van Allen v.Vos, 2014 ONCA 552 (C.A.), the Court of Appeal addressed the issue of limitation periods and discoverability in relation to a…

ConductLaw is Growing Again

ConductLaw is growing once again.  We have an opening for a legal admin, a corporate clerk as well as a residential conveyancing legal assistant that has experience in all facets of a real estate transaction. The successful candidate(s) will be industrious, conscientious, organized, enthusiastic, and generally good natured. We are looking for people that are skilled at conveyancing from…

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