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KNOWLEDGE CENTRE
The Outsiders Law Knowledge Centre equips business and non-profit
leaders with the essential insights.


Tag-along or drag-along? Who controls your exit?
Tag-along or drag-along? Most shareholders have no idea what these mean until it's too late. When a majority shareholder wants to sell, minority shareholders can get left behind, stuck with new owners they never chose, or forced to sell at terrible terms.
Sebastian Elawny
6 days ago1 min read


Your partner isn't a "Monet": Why shareholder agreements can't wait
In my experience, most business relationships show cracks within 12 to 24 months. That's when you realize the other person isn't the right fit. That they're—let's be honest—not a Monet. And yet, most entrepreneurs wait until after that point to think about shareholder agreements.
Sebastian Elawny
Nov 181 min read


When business partners go their separate ways: Why every company needs a shareholder agreement
After years of practicing law, it still surprises me that the number one reason shareholder agreements fail is that most companies simply don't have one.
Sebastian Elawny
Nov 122 min read
FAQ: Minimum Number of Directors Required on a Charity / NPO Board?
What is the minimum number of directors a charity or NPO can have in Canada? This short post answers this frequently asked question.

Lex Klombies
Nov 102 min read
Understanding Share Structures
Understanding share structures in Canada can be a complicated task, so we've simplified it! Check out our latest blog post to learn more!
Sebastian Elawny
Jun 16, 20244 min read
Tag-Along or Drag-Along? – Action to be Considered
Having smooth operations and conflict resolution among shareholders is critical. With that being said, how does a company achieve clear,...
Sebastian Elawny
Jun 12, 20244 min read
The Elements of Naming Your Corporation
This post discusses the legal requirements for naming a corporation in Canada, as well as how these elements can impact your name selection.
Sebastian Elawny
Jun 9, 20244 min read
Corporations in Canada - What Are They?
This article discusses incorporating a business in Canada, and how to properly structure a business corporation.
Sebastian Elawny
Jun 5, 20245 min read
Understanding Unanimous Shareholder Agreements – The Business Prenup
Just as a prenuptial agreement sets the terms for marriage, a Unanimous Shareholder Agreement (“ USA ”) functions as a "business...
Sebastian Elawny
Jun 2, 20243 min read
The 5 W’s of Unanimous Shareholder Agreements
Do you want your other shareholders to be able to sell their shares to people you don’t know? What happens when one of you wants out of...
Sebastian Elawny
May 28, 20243 min read
Understanding Corporate Structures in Canada
Are you thinking of starting a business in Canada? Curious about which corporate structure would be best for you? Read on!
Sebastian Elawny
May 26, 20244 min read
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