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Private Company Law | Cases and Comments by A. Paul Mahaffy B.A. (Hons.), LL.B., M.B.A., F.I.C.B. at paulmahaffy.com. Copyright 2011 – 2015 A. Paul Mahaffy.

Cases and Comments by A. Paul Mahaffy B.A. (Hons.), LL.B., M.B.A., F.I.C.B. at paulmahaffy.com. Copyright 2011 - 2015 A. Paul Mahaffy. (by Paul Mahaffy)

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Private Company Law | Cases and Comments by A. Paul Mahaffy B.A. (Hons.), LL.B., M.B.A., F.I.C.B. at paulmahaffy.com. Copyright 2011 – 2015 A. Paul Mahaffy. | paulmahaffy.wordpress.com Reviews
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Cases and Comments by A. Paul Mahaffy B.A. (Hons.), LL.B., M.B.A., F.I.C.B. at paulmahaffy.com. Copyright 2011 - 2015 A. Paul Mahaffy. (by Paul Mahaffy)
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Private Company Law | Cases and Comments by A. Paul Mahaffy B.A. (Hons.), LL.B., M.B.A., F.I.C.B. at paulmahaffy.com. Copyright 2011 – 2015 A. Paul Mahaffy. | paulmahaffy.wordpress.com Reviews

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Cases and Comments by A. Paul Mahaffy B.A. (Hons.), LL.B., M.B.A., F.I.C.B. at paulmahaffy.com. Copyright 2011 - 2015 A. Paul Mahaffy. (by Paul Mahaffy)

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1

The Importance of Budgets in Company Governance | Private Company Law

https://paulmahaffy.wordpress.com/2015/06/18/the-importance-of-budgets-in-company-governance

June 18, 2015. The Importance of Budgets in Company Governance. Previous posts on the topic of company governance have mentioned the role of the board of directors in making management more accountable, with stronger internal controls, better managed risks, and more effectively measured performance. Company budgets are essential to the board when carrying out this role. Good budgets, in other words, should reflect not just the status quo but also changing goals and resources. The objectives and prioritie...

2

January | 2014 | Private Company Law

https://paulmahaffy.wordpress.com/2014/01

Monthly Archives: January 2014. Buy-Sell Offer under Shotgun Clause Held Enforceable. January 23, 2014. A shotgun buy-sell offer is required to comply strictly with the shotgun buy-sell provisions contained in an agreement but perfect compliance is not required for it to be enforceable. The case of Western Larch Limited et al. v. Di Poce Management Limited et al. In the Western Larch. Decision is worth noting, not so much for how the Court of Appeal views the specific shotgun offer in this particular cas...

3

December | 2014 | Private Company Law

https://paulmahaffy.wordpress.com/2014/12

Monthly Archives: December 2014. Minority Discount Not Applied in Share Valuation. December 17, 2014. Minority shareholders seeking an oppression remedy avoided the application of a minority discount in the valuation of their shares. In the case of Pilch v. TemboSocial Inc. In concluding that no minority discount should be used to determine the value of the minority’s shares, the Court held [at para. 50] as follows:. In light of the foregoing, the Pilch. Case nonetheless provides general guidance to any ...

4

September | 2013 | Private Company Law

https://paulmahaffy.wordpress.com/2013/09

Monthly Archives: September 2013. Non-Solicitation Covenants Do Not Generally Require Territorial Limitation. September 25, 2013. A non-solicitation covenant contained in a purchase and sale agreement was held to be reasonable and enforceable even though it lacked any territorial limitation. The decision of the Supreme Court of Canada in Payette v. Guay Inc. Cranes are mobile. They go where the construction sites are. The activities of this type of company therefore depend more on how constructio...The S...

5

Board of Directors vs. Management: Drawing the Line Between Them | Private Company Law

https://paulmahaffy.wordpress.com/2015/06/16/board-of-directors-vs-management-drawing-the-line-between-them

June 16, 2015. Board of Directors vs. Management: Drawing the Line Between Them. This post is intended to generally describe what role the board should perform, what role the chief executive officer or CEO should perform, and why the two roles should be separate and distinct. The Role of the Board. The board should develop governance expertise by ensuring its members have the skills and experience to govern in a constantly changing environment. Governance expertise encourages strategic thinking, and ...

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Paul is the author of Business Succession Guide, Private Company Shareholder Guide, Business Transactions Guide, The Private Company: A Legal and Business Guide for Owners and Managers, and Private Company Governance Guide, all published by Thomson Reuters. He maintains the blog. Private Company Law: Cases and Comments. And consults on private company matters. Leave a message or contact Paul. By phone or email:.

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Private Company Law | Cases and Comments by A. Paul Mahaffy B.A. (Hons.), LL.B., M.B.A., F.I.C.B. at paulmahaffy.com. Copyright 2011 – 2015 A. Paul Mahaffy.

The Importance of Budgets in Company Governance. June 18, 2015. Previous posts on the topic of company governance have mentioned the role of the board of directors in making management more accountable, with stronger internal controls, better managed risks, and more effectively measured performance. Company budgets are essential to the board when carrying out this role. Good budgets, in other words, should reflect not just the status quo but also changing goals and resources. The objectives and prioritie...

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