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Business

By McCarthy Tétrault LLP | 6 Minutes Read February 23, 2021

Letter of credit unaffected by tenant’s bankruptcy

The Court of Appeal has confirmed that a landlord will be entitled to call on the letter of credit to satisfy its claim for losses arising from the disclaimer or termination of a tenant’s lease in an insolvency proceeding.

Article by McCarthy Tétrault LLP / Business / Bankruptcy and Insolvency Act, landlord and tenant, letter of credit Leave a Comment

By Occasional Contributors | < 1 Minute Read February 18, 2021

Ontario extends corporate virtual meetings

coworkers meeting onlineThe Ontario government has recently extended the ability for Ontario Corporations Act (OCA) corporations to have corporate virtual meetings until May 31, 2021. It is contained in O. Reg. 544/20: EXTENSION OF TEMPORARY SUSPENSION PERIOD.

Article by Occasional Contributors / Business / corporate virtual meetings, governing documents, Ontario Corporations Act Leave a Comment

By Norman D. Marks, CPA, CRMA | 5 Minutes Read February 17, 2021

Death of the audit report

If you focus on listening and talking to management and the board, with a thoughtful discussion of the situation, not only will your objectives be achieved but you will have credibility with them.

Article by Norman D. Marks, CPA, CRMA / Business, Finance and Accounting / audit report, Audits, internal audit, Internal Controls, risk assessment, risk management Leave a Comment

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