Bar Exam Toolbox Podcast Episode 150: Listen and Learn -- Corporate Formation and Pre-Incorporation Liability
Senator Julie Miville-Dechêne recently introduced the 21st-Century Business Act (Bill S-285), a Senate public bill that proposes substantive amendments to the Canada Business Corporations Act (CBCA). The legislative proposal...more
Effective November 4, 2023, the New Jersey Business Corporation Act (the Act) will be amended to permit conversions and domestications across all business entity types, including foreign and domestic corporations. The delay...more
Under new rules in force as of January 1, 2023, private corporations incorporated or continued under Ontario’s Business Corporations Act (“OBCA”) will be required to maintain a register (“Transparency Register”) of...more
Amendments to the Canada Business Corporations Act (CBCA) that impose majority voting requirements, annual director terms, a prohibition on slate voting and a change to the period during which shareholders must deliver...more
The Business Corporations Act (Alberta) (ABCA) received an overhaul this week. Bill 84, Business Corporations Amendment Act, 2021 came into force on May 31, 2022. That Bill introduced several changes to the ABCA. These...more
In 2021, the Government of Canada proposed regulations that would change the director election process for certain corporations established under the Canada Business Corporations Act (CBCA). For more information with respect...more
Le 31 août 2022, certaines modifications (les « modifications ») tant attendues à la Loi canadienne sur les sociétés par actions (la « LCSA ») et à des règlements connexes à l’égard du processus d’élection des administrateurs...more
Effective August 31, 2022, certain long-awaited amendments (Amendments) to the Canada Business Corporations Act (CBCA) and related regulations administered by the Department of Industry (Regulations) impacting director...more
On December 2, 2021, the Alberta Government's Bill 84: Business Corporations Amendment Act, 2021 (Bill 84) received Royal Assent. The amendments to the Business Corporations Act (Alberta) (ABCA) contemplated by Bill 84 (which...more
Le 26 mai 2021, le projet de loi no 797, Loi modifiant la Loi sur les sociétés par actions afin d’y intégrer l’entreprise à mission (le « projet de loi no 797 »), a été présenté à l’Assemblée nationale du Québec par M. Carlos...more
En mai 2018, le projet de loi C-25, Loi modifiant la Loi canadienne sur les sociétés par actions, la Loi canadienne sur les coopératives, la Loi canadienne sur les organisations à but non lucratif et la Loi sur la...more
In May 2018, An Act to amend the Canada Business Corporations Act, the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act and the Competition Act (Bill C-25) received Royal Assent. Certain amendments to the...more
Dans un rapport publié récemment et intitulé 360º Governance: Where Are The Directors In A World In Crisis? (en anglais seulement) (le « rapport »), Peter Dey et Sarah Kaplan se penchent sur les pratiques modernes de bonne...more
With the release of a report entitled “360º Governance: Where Are The Directors In A World In Crisis?” (Report), Peter Dey and Sarah Kaplan examine modern good governance from a practical and scholarly standpoint,...more
Quebec’s Minister of Labour, Employment and Social Solidarity, Jean Boulet, recently tabled Bill 78, An Act mainly to improve the transparency of enterprises (Bill or Bill 78), before the Quebec National Assembly. The...more
Le 6 octobre 2020, le gouvernement de l’Ontario a présenté en première lecture le projet de loi 213, Loi de 2020 pour mieux servir la population et faciliter les affaires (la « Loi »), qui, s’il est adopté, apportera deux...more
On October 6, 2020, the Government of Ontario introduced for first reading Bill 213, Better for People, Smarter for Business Act, 2020 (Act), which, if enacted, will make two significant amendments to the Ontario Business...more
Effective June 30, 2020, the Government of British Columbia brought into force amendments under the Business Corporations Act (British Columbia) (BCBCA), introducing a new type of business structure: the benefit company. With...more
The effective date for all private companies governed by the Business Corporations Act (British Columbia) (BCA) to maintain a "transparency register" has been postponed until October 1, 2020. This requirement was previously...more
Effective May 1, 2020, all private companies existing under the Business Corporations Act (British Columbia) (BCBCA), will be required to establish and maintain a transparency register of “significant individuals.” ...more
On January 1, 2020, the new Florida Business Corporation Act took effect. It includes a provision that settles in the affirmative whether Florida is a “demand futility” state for shareholder derivative litigation. To succeed...more
A Canadian legal requirement to present an advisory “Say-on-Pay” shareholder vote—a shareholder vote approving a company’s approach to executive compensation—is potentially on the horizon for certain Canadian public...more
Beginning January 1, 2020, distributing corporations (generally, public companies) governed by the Canada Business Corporations Act (CBCA) will be required to provide additional diversity disclosure in connection with their...more
The federal government’s omnibus budget implementation bill (Bill) received royal assent on June 21, 2019, the last sitting day of the House of Commons and Senate before breaking for the summer. Accordingly, certain...more
Governor Jay Inslee recently signed Senate Bill 5003 (“SB 5003”) into law, which amends the Washington Business Corporation Act (“WBCA”) to (1) change the default rule relating to preemptive rights; (2) change the default...more