Forum Selection Clause: US vs. Canada Enforceability
State courts across the United States enforced forum selection clauses in 77 percent of reported cases between 1972 and 2019, and that rate rose to 79 percent from 2010 to 2020. For a Canadian business signing a U.S. contract, that matters because the clause picking the court may work very reliably in the U.S. while […]
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 […]