“Say on Pay” Legislation: A Brief and Non-Binding Overview

What is “Say on Pay”? “Say on pay” is a phrase that has been gaining currency in the past several years.  It refers to legislation that gives a firm's shareholders the right to vote on the remuneration of executives.  This type of legislation is one of the responses to soaring executive compensation which is too often uncorrelated to [...]

By |2020-07-29T10:30:10-07:00July 29th, 2020|Blog, Canada Business Corporations Act, Corporate Law|

British Columbia’s New Benefit Company Legislation

British Columbia recently became the first Canadian province to allow the establishment of benefit companies. Businesses can now apply to become a benefit company under the BC Business Corporations Act (the “Act”). What is a benefit company? Maryland was the first state to allow the creation of benefit companies under law. Since then, 36 US [...]

COVID 19 Relief for Technology and Video Game Companies

May 5, 2020 In light of the COVID-19 pandemic, the federal and provincial government have developed numerous programs and made various amendments to existing programs, to assist in bringing relief and support to affected businesses and individuals. To make the process even easier for those seeking assistance, we’ve prepared a brief summary of the funding [...]

By |2020-06-03T08:41:10-07:00May 5th, 2020|Blog, COVID-19, Technology|

Canada’s Companies’ Creditors Arrangement Act (CCAA)

Benefits to Buyers and Sellers Businesses must continually adapt to changing economic conditions. Some strategies are appropriate for a booming economy and others are better suited for today’s more uncertain times. Working through the Companies’ Creditors Arrangement Act (CCAA) is one of the best available strategies when considering an acquisition in a turbulent economic environment. [...]

By |2020-04-23T12:35:27-07:00April 22nd, 2020|Blog, Companies’ Creditors Arrangement Act|

BC Transparency Register

New Requirements for BC Private Companies Effective May 1, 2020, private companies in British Columbia will be legally required to keep and maintain a transparency register containing information about “Significant Individuals”. In summary, Significant Individuals are individuals who have direct or indirect control of a private company or a significant number of its shares. Significant [...]

Lunch & Learn with David McHugh – Business Legal Foundation for your Startup or Growth Business

Business lawyer David McHugh of the local Vancouver law firm Segev LLP will be hosting a lunch and learn on how to establish a strong legal foundation for your start-up or growth business. David will discuss, the benefits of incorporation, share structures that are attractive to investors, the importance of using shareholders’ agreements and written employment agreements, how to incentivize [...]

By |2020-01-30T11:42:14-08:00February 5th, 2020|

Changes to Canada’s Trademarks Act

In June 2014, major amendments were passed to Canada’s Trademarks Act (the “Act”). After having been postponed several times, the implementation date of these changes was set for June 17, 2019. One of the most significant updates to the Act is the elimination of the prior “use” requirement for registration of a trademark. With the [...]

By |2019-10-30T17:24:15-07:00November 21st, 2018|Intellectual Property|

Protecting a Business Name

Protecting a Business Name This blog post is not legal advice and is for general informational purposes only. Always speak with a lawyer before acting on any of the information contained herein. Picking a business name is often one of the first steps an entrepreneur takes when planning to form a new business. Among many [...]

By |2020-05-15T06:21:53-07:00January 6th, 2016|Blog, Corporate Law|