Letter of Intent to Purchase a Business: Which Parts Actually Bind You
Legally reviewed by Joseph Mayo, Principal Attorney (Ontario and New York). Most buyers sign a letter of intent to purchase a business believing it is a handshake on paper. Most sellers sign believing the same thing. Both are usually wrong about at least one clause, and the clause they are wrong about is rarely the […]
Shareholder Agreement vs Bylaws: What Each Document Governs in Ontario and New York
Legally reviewed by Joseph Mayo, Principal Attorney (Ontario and New York). Corporate by-laws and shareholder agreements answer different questions, and most incorporated businesses eventually need both. By-laws set the internal operating rules of the corporation. A shareholder agreement is a private contract that governs the relationship between the owners. The shareholder agreement vs bylaws question […]
Entire Agreement Clauses: NY & Ontario Guide
Published: July 17, 2026Updated: July 17, 2026Read time: 11 minutes A Toronto company signs a supply agreement with a New York counterparty after weeks of calls, tracked drafts, and pricing emails. Months later, a dispute starts over an exclusivity promise that appeared in the negotiations but not in the final contract. Whether that promise still […]
Privileged and Confidential: Your 2026 Business Guide
Published: July 16, 2026Updated: July 16, 2026Read time: 12 minutes You’re about to send an email about a possible compliance problem. The board is copied. Outside counsel is copied. Someone suggests putting Privileged and Confidential in the subject line and moving fast. That label can help. It can also create false comfort. For founders, executives, […]