Canada Business Law
Have Canadian Business Law Questions? Ask anExpert.
Is the corporation federal? Are you a current shareholder?
Pre-emptive rights are a clause used in shareholders agreements to guard against possible future dilution. You will need to contact a lawyer in person for a face to face meeting if you want an opinion on whether or not there is current case law that addresses this issue when there isn't a shareholders agreement.
What province are you in? I can provide you with the contact information for the provincial law society in your area.
Please let me know if you have any further questions or require the number for the law society in your province. If my answer was of assistance please provide me with a positive rating.