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My question is: in a company, what are the powers that a 50%
Hi there, my question is: in a company, what are the powers that a 50% shareholder non director has? What powers does a 50% owner and single director has? … read more
Debra
Debra
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Doctoral Degree
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Two gentleman incorporated a company to manage a resturaunt
Two gentleman incorporated a company to manage a resturaunt using my trade name . in the 51 days they handled all the money from the till and where responsible for paying the staff they brought in a t… read more
Debra
Debra
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Doctoral Degree
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I have claims against me and my non operating company. Company
I have claims against me and my non operating company. Company is insolvent since 2010 and has not operated but is not would down. Industry canada has dissolved it . If I incorporate a Canadian fed co… read more
Debra
Debra
Lawyer
Doctoral Degree
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I reside in Ontario, Canada. I own a small company. I currently
I reside in Ontario, Canada. I own a small company. I currently have a National Director of Operations. I am the CEO. I have someone who I wish to insert as my President and COO, but how do I do this … read more
Law.Hut
Law.Hut
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Approximately 14 years ago my partner started a small business
Approximately 14 years ago my partner started a small business that was Incorporated. I was signed on as one of the Corporation members (can't remember - secretary?) The Corporation has recently been … read more
Tom B.
Tom B.
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LLB Bachelor of Laws
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Can a close family member of the CEO (e.g., a parent) be on
Can a close family member of the CEO (e.g., a parent) be on the board of the CEO's Canadian nonprofit corporation? BACKGROUND: This is a new nonprofit, to be incorporated federally in the next couple … read more
Tom B.
Tom B.
Barrister & Solicitor
LLB Bachelor of Laws
2,263 satisfied customers
Hi there, When a company is under restructuring (to turn
Hi there, When a company is under restructuring (to turn around bankruptcy), is it legal for them to put hold on my pay cheque, as an employee? I would appreciate your immediate help. Also, can I not … read more
Debra
Debra
Lawyer
Doctoral Degree
61,078 satisfied customers
I am a realtor. I recently became a personal corporation so
I am a realtor. I recently became a personal corporation so that my commissions paid are now paid to my company rather than me personally. I owe personal income tax from commissions paid to me persona… read more
D.A.M.
D.A.M.
Principal Attorney
Doctoral Degree
2,749 satisfied customers
The company I work for is under receivership. It will be closing
The company I work for is under receivership. It will be closing few weeks from now. The president has already started a new company and all the staff knows about it. He will not hire back the staff f… read more
Yossarian (user name)
Yossarian (user name)
Bachelor's Degree
957 satisfied customers
This question is about the ranking of employees as creditors
This question is about the ranking of employees as creditors in the case of the wind-up of a company. The business is located in Ontario. Relative to secured creditors, where do employees rank for: - … read more
Debra
Debra
Lawyer
Doctoral Degree
61,078 satisfied customers
My friend is opening a hair salon and spa and she asked if
My friend is opening a hair salon and spa and she asked if i can register with her for the hair salon license...what are my liabilities if i do it and if the company is incorporated? Would it be easy … read more
D.A.M.
D.A.M.
Principal Attorney
Doctoral Degree
2,749 satisfied customers
I am president of a company whose only assets are Oil Rights
I am president of a company whose only assets are Oil Rights on land homesteaded in Manitoba. What are the tax implications for myself and my 2 sisters who are equal shareholders within this company w… read more
D.A.M.
D.A.M.
Principal Attorney
Doctoral Degree
2,749 satisfied customers
When a company is nearing insolvency in British Columbia (in
When a company is nearing insolvency in British Columbia (in the insolvency zone), what are the director's fudiciary duties...towards the corporation or towards creditors?… read more
Debra
Debra
Lawyer
Doctoral Degree
61,078 satisfied customers
I have a business in Canada. Right now it has outstanding debt
I have a business in Canada. Right now it has outstanding debt to vendors and to customers that we have not yet been able to fill their orders. My question is this: If it goes bankrupt, or closed its … read more
Debra
Debra
Lawyer
Doctoral Degree
61,078 satisfied customers
I have some financial problems but I also have a business opportunity
I have some financial problems but I also have a business opportunity I can't pass on. I need to ensure that if the rest of my financial life goes bad that this new business is protected against any c… read more
Ulysses101
Ulysses101
Litigator, Barrister and Solicitor
LLB
3,193 satisfied customers
I am a member of a Volunteer Motorcycle riding group with units
I am a member of a Volunteer Motorcycle riding group with units across Canada. I happen to be the President of my local Unit. At the National Level the Kitshop which Sells merchandise is a Register Bu… read more
Debra
Debra
Lawyer
Doctoral Degree
61,078 satisfied customers
1. I and my best friend have decided to establish a small factory
1. I and my best friend have decided to establish a small factory manufacturing bicycle equipment and clothing. I have still not decided whether to form a partnership with my friend or a corporation. … read more
CanLawyer
CanLawyer
Lawyer, mediator
Juris Doctor
276 satisfied customers
In an incorporated business, when not specifically defined ...
In an incorporated business, when not specifically defined by a board of director''s resolution is there any legislation that defines the President''s role such as, "...oversees the operations of the … read more
CanLawyer
CanLawyer
Lawyer, mediator
Juris Doctor
276 satisfied customers
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