Liability Archives - Law Firm of Martin K.I. Rumack

Directors could be on the hook for investor losses NewsLegal Issues

January 11, 2018
|
0 Comments
|

Under Canadian corporate law, a corporation’s day-to-day activities and decisions are achieved through a board of directors, comprised of individuals who are appointed as directors. If the corporation gets sued or otherwise becomes liable to third parties, the individual directors are generally held safe from […]

Read more

Assigning an Agreement of Purchase and Sale (Prior to Closing)

September 3, 2016
|
1 Comment
|

What is an Assignment of an Agreement of Purchase and sale?

At its essence, an Assignment of an Agreement of Purchase and Sale – informally known as “flipping a home” – is a simple concept:  A buyer of a new home allows someone else to take over the purchase contract […]

Read more