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Business

To Terminate or Not to Terminate: That Question Lies in Your Termination Clauses

Written by: Stefania Rotundu Recent developments in Ontario caselaw has placed a renewed emphasis on the specific wording in termination clauses. Employers should ensure their termination clauses remain valid in light of these developments or risk exposing themselves to hefty compensation payouts to employees upon termination. In Ontario, most employment contracts are governed by the...
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Is a👍a Signature? Exploring the Implications of the “Emoji Case”

Written by: Sara Bahadori  The “emoji case” gained international attention when a Saskatchewan court ruled that a thumbs-up emoji sent via text message constituted a valid signature in a contract dispute. The case, Achter Land & Cattle Ltd. v. South West Terminal Ltd., highlights the evolving landscape of electronic contracting and the potential legal significance...
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Breach of Contract and Remedies

What is a breach of contract? A breach of a contract occurs when one or more of the agreed upon terms and/or conditions of a binding contract or agreement is broken or unfulfilled by one or more of the contracting parties. Anything from a late payment to a more significant infraction, such as failure or...
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Buying or Investing in a Business

A share sale and an asset sale are the two main ways to sell a private corporation in Canada. Each approach has tax repercussions for both the buyer and the seller. In general, sellers choose share sales to benefit from the favourable capital gains treatment, but purchasers prefer asset sales to reduce overall risk of...
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