Category: Business Law

Save the Date because on November 28, 2016 the re-vamped Societies Act will come into effect.
In this article we will briefly examine a situation in which a director sits on two different, but industry-related, boards.
The BC Government has passed a new Societies Act, which is expected to be brought into force in November of 2016.
On May 14, 2015, Bill 24 - 2015: Societies Act (the “Societies Act”), received Royal Assent.
So you’ve incorporated a company in which you and your fellow founders own shares. Business is booming and things are going great, but they may not stay that way forever.
The legal concept of “joint and several liability” confuses many people. As the name suggests, where “joint and several liability” applies, liability is both...

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