LLP Incorporation in India

In this post, we will look at the procedure to incorporate your business as a Limited Liability Partnership (LLP) in India, and the advantages of choosing to incorporate your business as a LLP. As an entrepreneur, the first thing you must do is decide what would be the best legal…

The Deemed Trust Mechanism

In this post, we shall discuss how a deemed trust operates, its legislative history, and the amounts protected by them. One of the important concepts of the Canadian tax collection system is the collection of payroll deductions and HST by taxpayers as agents of Her Majesty. The amounts collected are…

What is a Bring-Down Certificate?

In this post, we shall discuss what a bring-down certificate is and what it entails. A bring-down is a provision requiring the representations and warranties that were made at the time of signing of an agreement to be made again on the closing date (or at another specified date). A…

Promissory Notes & Warrants

In this post, we will briefly discuss Promissory Notes and Warrants and their characteristics. Promissory Notes are a type of negotiable instrument. Negotiable instruments are legal documents guaranteeing the payment of money.  A Warrant is a right to buy stock in a company at a future date at a pre-determined…

Interim Arbitral Awards

I was faced with counsel on the other side that agreed to our choice of NY law in a contract but objected to our arbitration clause in the following manner: "We have a policy against using arbitration, since it is expensive and doesn't provide for injunctive relief." This response shocked me because this…