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How can a contract dispute be resolved?

By: Farrah Rahman

When you’re involved in a contractual dispute, the process for resolving the dispute should be set out in the contract itself.

If the contract is silent on the point and you can’t resolve your dispute, you will have to use the courts. This can lead to disagreement about which courts have jurisdiction, so it is important to include clauses dealing with both governing law (what law applies) and jurisdiction (which courts can decide a case) in your contract.

Is my employment contract void if I’m reclassified as a contractor?

By: Farrah Rahman

If you are being reclassified as an independent contractor after working as an employee, your employment agreement may be void – but not entirely.

The employment agreement can provide that certain clauses “survive” upon termination. This means is that the employee will remain bound by those specific obligations, even if the rest of the agreement has been terminated.

What should I look for in a commercial lease?

By: Farrah Rahman

While most commercial leases are standard, you should still be careful about what you sign. The fine print matters, and every clause is important! For example, you may find yourself locked into a lease renewal you didn’t want, or  you may discover that you have agreed to absurd hikes in monthly rent payments.

Here are 6 of the many clauses to be aware of before entering into a commercial lease!

What voting rights do non-voting shareholders have?

By: Farrah Rahman

A common question that entrepreneurs/inventors have when incorporating is how to structure the business. The options for structuring a business can be overwhelming, especially when it comes to determining the number of share classes to include in your corporation. Generally, founders will initially want to issue shares to themselves, their investors, and certain employees.

Legal Tips and Tricks: “Shotgun Clause”

By: Rajah Lehal

When trying to separate from a co-founder or partner, shareholders carefully review the “shotgun” clause in their shareholder’s agreement.  Shotgun or a compulsory buy/sell provisions are used in the “it’s you or me” situation when one or more of the shareholders decide that they can no longer proceed with the other(s).