by Glenn M. Rumbell | Oct 26, 2020 | Corporation, Dealings with Shareholders, General
In “When Non-voting Shares Get to Vote” we looked at how calling a share a ‘non-voting’ share is a bit of a misnomer. Under Canadian corporate statutes even non-voting shares have the right to vote in certain circumstances and at best should be called ‘mostly...
by John M. Figol | Oct 19, 2020 | Corporation, Dealings with Shareholders, General
There are many reasons for issuing non-voting shares: incentivizing employees with equity, issuing shares to family members, or capital raising through crowdfunding campaigns. In most cases, these reasons are balanced with a founder’s desire to maintain control over...
by Ross Rumbell Business Law | May 29, 2018 | Dealings with Shareholders, General
Imagine for a moment that you are in business with three other individual shareholders. The four of you may be friends and started the business by investing personal capital and shaking hands. You incorporated the company, and each of you are equal owners of the...
by Glenn M. Rumbell | May 12, 2018 | Dealings with Shareholders, General
As a business owner, the importance or working with a share cap table to record and plan a company’s existing and anticipated share structure and ownership as it grows cannot be understated. As we looked at in previous blogs on the subject, using a cap table...
by John M. Figol | Apr 27, 2018 | Dealings with Shareholders, General
Deciding to go into business with a partner or multiple partners doesn’t require formal documentation; it simply requires a business idea and a handshake. Many individuals will incorporate their business to shield themselves from personal liability, and then leave it...
by Glenn M. Rumbell | Mar 10, 2018 | Dealings with Shareholders, General
It is common for many companies, particularly during the start-up phase, to choose to use equity as currency. They sell small (and large) allotments of shares to friends, family and investors as well as sometimes offer shares to essential service providers in return...
