Commercial Law
General Commercial Documents
- drawing assignments and guarantees
- drawing releases, acknowledgements, authorizations or directions
- preparing statutory declarations or affidavits and
- attending upon execution
- completing proof of claim in bankruptcy or proposal and proxy including attachment of statement
Partnerships
- attending conferences, advising, obtaining instructions
- drawing, revising and engrossing partnership agreements or dissolution agreements completing partnership or business registration
Corporate
Incorporation of a corporation with share capital
- obtaining instructions, rendering basic preliminary advice as to the desirability and details of incorporation
- conducting name search required by Regulation
- preparing, arranging for execution and filing of articles of incorporation
- preparation of organizational minutes or resolutions in lieu thereof of the directors and shareholders of the corporation
- preparation of documents required to open one bank account
- preparation of share certificates
- completion of security registers and of registers of directors, officers and transfers
- preparation and filing of the Initial Notice of Directors and Notice of Change
- all necessary attendances and correspondence including reporting to client
- procuring of share certificates
- minute book and and corporate seal and performing all other services incidental to the corporation
Incorporation of a corporation without share capital
- obtaining instructions, rendering basic preliminary advice as to the desirability and details of incorporation
- conducting name search required by Regulation
- preparing, arranging for execution and filing of application for incorporation
- preparation of organizational minutes of the directors and members of the
- corporation preparation of membership certificates
- completion of registers of members and of registers of directors and officers and officers
- preparation and filing of the Initial Notice of Directors
- all necessary attendances and and correspondence including reporting to client, procuring of membership certificates, minute book and corporate seal
Certificate of Amendment of Articles or Supplementary Letters Patent for a corporation without share capital
- obtaining instructions and all preliminary advice
- preparing minutes or resolutions in lieu thereof of the directors and shareholders or members of the corporation
- authorizing the amendment including any notices
- proof of service of notices or waivers of notice in respect of any such meetings
- preparation of articles of amendment or preparation of the application for Supplementary Letters Patent
- arranging for execution, filing and obtaining the Certificate of Amendment of Articles or Supplementary Letters Patent
Terminating the corporate existence of a corporation on a voluntary basis
- obtaining instructions and all basic preliminary advice
- preparation of all prequisite material
- arranging for holding all requisite meetings, preparation of minutes of such meetings
- arrangements for publication of all requisite notices and obtaining consents of tax authorities
- all necessary attendances, all correspondence including reporting to client
Purchase and Sale of a Business / Sale of Assets
Purchase
- reviewing executed agreement of purchase and sale
- requesting statement of creditors under the Bulk Sales Act and tax clearance certificate under the Retail Sales Act
- searching for arrears of business taxes, corporation taxes and other taxes and/or rates constituting statutory liens
- reviewing bill of sale
- preparing any personal property security agreement
- searching under the Bill of Sale Act, Corporation Securities Registration Act, Bankruptcy Act, Personal Property Security Act, Bank Act and any other applicable legislation
- searching for executions
- reviewing statement of adjustments
- attending on closing and completing sale
- making all filings required under any of the above mentioned acts
- confirming insurance coverage
- reporting to client
Sale
- reviewing executed agreement of purchase and sale
- preparing bill of sale
- preparing statement of creditors under the Bulk Sales Act
- obtaining tax clearance certificate under the Retail Sales Act
- preparing statement of adjustments
- preparing insurance releases
- collecting and remitting retail sales tax
- preparing statement as to payment of creditors (if required)
- appointing a trustee (if necessary) and arranging for such appointment
- preparing consents or waivers from creditors of the seller and preparing statement of affairs
- attending and completing closing
- reporting to client
Toronto Star Columns
Read Property Law columns written by Bob Aaron