Assignment of Contract: A Guide for NY & ON Businesses
A founder in Toronto buys a small Buffalo company and assumes the supplier relationships can move over with the deal. Then a vendor says the contract is still with the old entity, not the buyer. Payment stalls, delivery pauses, and the integration starts slipping. That’s where assignment of contract becomes a business issue, not just […]
Navigate the Right of First Offer with Confidence
A founder signs a lease in Toronto, then hears the building owner may sell. Another founder in New York is reviewing a shareholders’ agreement and spots a right of first offer buried in the transfer section. In both situations, the clause’s significance is often underestimated. Mayo Law regularly sees right of first offer terms become […]
A Guide to Stock Purchase Agreements for 2026
When you're buying or selling a business, the Stock Purchase Agreement (SPA) is the single most important document in the entire transaction. It’s the legal blueprint that dictates every term of the deal. For entrepreneurs navigating a company sale or an acquisition, especially across the U.S.-Canada border, getting this agreement right is non-negotiable. At Mayo […]