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Business Incorporation & Structure
Incorporations, Partnerships, Sole Proprietorships & Compliance Foundations
The foundation of any successful business starts with the right structure. Kormans LLP helps clients incorporate their businesses, choose the ideal structure (e.g., corporation, partnership, sole proprietorship), and navigate compliance requirements. Our experienced lawyers ensure your business is set up for long-term success, addressing potential legal issues before they arise.
Contract Review & Drafting
Employment Contracts, Vendor Agreements & Custom Legal Documents
Contracts are the backbone of any business. Kormans LLP provides meticulous contract review and drafting services to protect your interests and avoid potential disputes. Whether it's employment agreements, vendor contracts, or partnership agreements, our lawyers ensure your contracts are clear, enforceable, and aligned with your goals.
Mergers, Acquisitions & Business Sales
Legal Guidance for Buying, Selling & Merging Businesses
Mergers, acquisitions, and business sales are complex transactions that require careful legal guidance. Kormans LLP assists clients in navigating these high-stakes deals, from due diligence and negotiation to closing. Our team ensures your interests are protected while maximizing value and minimizing risk.
Franchise Law
Franchise Agreements, Disclosures & Legal Compliance for Franchisors and Franchisees
Whether you're a franchisor or franchisee, Kormans LLP provides legal competency to help you succeed. We assist with franchise agreements, disclosure documents, compliance with franchise regulations, and dispute resolution. Our team ensures that your franchise operations are legally sound and positioned for growth.
Corporate Dispute Resolution
Shareholder Conflicts, Breach of Contract & Business Litigation
Disputes are an inevitable part of running a business, but they don’t have to disrupt your operations. Kormans LLP specializes in resolving corporate conflicts efficiently through negotiation, mediation, or litigation when necessary. From shareholder disputes to breach of contract issues, we work to protect your business and its reputation.
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Frequently Asked Questions
What is the process of incorporating a business in Ontario?
Incorporating a business in Ontario involves choosing a business name, filing Articles of Incorporation with the appropriate government agency, and creating essential corporate documents like by-laws and shareholder agreements. A lawyer can help ensure compliance and guide you through the process efficiently.
What is the difference between a sole proprietorship, partnership, and corporation?
A sole proprietorship is owned by one individual, while a partnership involves two or more individuals sharing ownership. A corporation is a separate legal entity with limited liability for its owners. Each structure has unique legal and tax implications, and a lawyer can help you choose the best option for your business.
Why is it important to have contracts reviewed by a lawyer?
Contracts are legally binding documents, and even small errors or unclear terms can lead to disputes. A lawyer ensures that contracts are clear, enforceable, and protect your interests, whether you're drafting a new agreement or reviewing an existing one.
What legal considerations are involved in mergers and acquisitions?
Mergers and acquisitions involve due diligence, negotiation of terms, regulatory compliance, and drafting legal agreements. A lawyer ensures the transaction is legally sound, protects your interests, and minimizes risks throughout the process.
How can a lawyer help with franchise agreements?
A lawyer can review and negotiate franchise agreements, ensure compliance with franchise disclosure laws, and help resolve disputes. Whether you're a franchisor or franchisee, legal guidance ensures your rights are protected and your business is set up for success.
What should I do if my business is facing a shareholder dispute?
Shareholder disputes can disrupt operations and harm your business. A lawyer can mediate the situation, negotiate resolutions, or represent you in litigation if necessary. It's crucial to address disputes promptly to protect your business and its reputation.
What is the role of a lawyer in drafting employment agreements?
A lawyer ensures employment agreements comply with labor laws and clearly outline terms such as compensation, duties, confidentiality, and termination clauses. Properly drafted agreements protect both the employer and employee from future disputes.
How can I protect my business during a sale?
Selling a business involves legal considerations like due diligence, valuation, and drafting a purchase agreement. A lawyer ensures your interests are protected, liabilities are minimized, and the transaction is completed smoothly.
Can a lawyer help resolve breach of contract issues?
Yes, a lawyer can help resolve breach of contract issues through negotiation, mediation, or litigation. They ensure your rights are upheld and work toward a resolution that minimizes disruption to your business.
What is the importance of corporate governance documents?
Corporate governance documents, such as by-laws, shareholder agreements, and meeting minutes, establish the rules and structure for running your business. A lawyer ensures these documents are legally compliant and tailored to your business's needs.
