The process of purchasing or selling a business is comparable to the process of making other significant purchases or sales in one’s lifetime. Sellers want to be transparent with possible purchasers about the business they are selling, and buyers want to have a complete understanding of the business they are buying. A QUESTION OF PURCHASE Due diligence and the acceptance…
Conflicts in the corporate world are almost unavoidable. It’s not uncommon to find significant variation in commercial practices and decision-making both across and within enterprises. In every workplace, partnerships may diverge, compensation disparities can grow contentious, and discrimination can tragically occur. Occasionally, commercial disputes like this may be addressed amicably, but often, they are more urgent and necessitate legal action.…
The majority of people are aware that when we die, legal procedures must be followed, and that these procedures are often complex, time-consuming, and costly. Although it is possible to decrease or remove many of these obstacles by diligent estate planning, the following is a quick overview of the actual expenses connected with the administration of an estate after death.…
Having a knowledgeable business lawyer on your side is crucial to the success of any business purchase or sale. It is critical to make sure you are getting the agreed-upon services by conducting a thorough audit and investigation of the business. This is sometimes referred to as “due diligence” and is performed to establish that the vendor has supplied proper…
A resignation from employment may be caused by a variety of factors. However, there are a few things you should be aware of before quitting your employment to preserve your legal protection. How should one quit from their employment? Most companies consider it respectful for departing employees to provide advance notice. Although this is a best practice, it is not…
Thousands of couples opt to end their relationship each year in British Columbia. Ending a relationship is no easy process. It takes time to properly heal from a separation. After a year of separation, one of the least controversial reasons for divorce in British Columbia is marriage breakdown. The Supreme Court of British Columbia permits divorces based on marital dissolution.…
If your intentions as to your estate are not clarified to the extent required by law, you will be intestate. In such cases, the additional costs associated with probating your estate can cause great strain to your survivors. It is always advisable to have a clear, valid will in place, representing your final wishes as your estate, to avoid any…
While not the most pleasant of thoughts, planning your estate is crucial to protecting your family from legal difficulty after you have passed. Most areas of law are mired in red tape, and pages after pages of requirements to ensure validity and enforceability. Because of the potential complications, it is advisable to act sooner rather than later. An improperly arranged…
Many British Columbians are making the decision to purchase a unit in a development that is not yet constructed. This decision is usually the largest purchase a person will make in their lifetime and is often both an exhilarating but also nerve-wracking experience. And while there are advantages to “purchasing pre-sale” there are also some risks and other issues that…
The steps of commencing an action can be complex, this article aims to offer some clarity about the main steps you should consider when commencing an action by notice of civil claim in British Columbia (B.C.). Choosing a Court Both the Small Claims Court and the Supreme Court of BC handle general civil law matters. Small Claims Court is for…