I Want the Truth: RIBO Announces New Mandatory Disclosure Guidelines for Brokers
The Registered Insurance Brokers of Ontario (“RIBO”) was established in 1981 as the regulatory body responsible for overseeing general insurance brokers in Ontario. Among its various responsibilities, RIBO governs the province’s insurance industry by mandating brokers to adhere to its Code of Conduct and investigating and disciplining those who fail to abide by such rules.…
A Not So Arbitrary Decision: What a Recent Ontario Court Case Tells Us About Insurance Book of Business Arbitrations
Insurance brokers may think they know what terms to look for when entering into contracts with brokerages, including their responsibilities, commission splits, and ownership over the book of...
Protect Your Price. Control Your Closing. Keep More of What You Built.
Selling a business is not just a handshake on a headline number—it’s a high-stakes sequence of documents that determine (1) how much you actually receive, (2) how long...
GRWM: Understanding the Legal Side of Being an Influencer
It’s not a secret that almost anyone is able to become a full-time influencer on social media. From shortform content posted on Instagram and TikTok, to longform content...
Changes for Ontario Corporations: Filing Annual Information Returns
Changes to Annual Filings There have recently been a number of changes with regard to corporate filings in Ontario. Along with changes to the registry system that are...
Keep The Status: Securities Law Considerations for Private Corporations
June 5. 2024 Author: Minsor Huang Incorporating a new company can seem like a trivial matter for some, and yet a tremendous feat for others. But regardless of...
I Want The Truth: Ribo Announces New Mandatory Disclosure Guidelines for Brokers
May 28,2024 Author: George Moshenski-Dubov The Registered Insurance Brokers of Ontario (“RIBO”) was established in 1981 as the regulatory body responsible for overseeing general insurance brokers in Ontario....
Who Wins & Who Loses: Share Sales & Proposed Changes to Capital Gains
May 8, 2024 Author: George Moshenski-Dubov When selling one’s business, the transaction will usually be conducted as either a sale of the shares in the corporation (a “Share...
The Corporate Honeymoon Will End. Are You Shareholders Ready?
When it comes to starting a new business with partners, founders often find themselves in an entrepreneurial honeymoon phase, where decisions are made in harmony and compromises are...
Bill 91 Amendments: The Modern Age of Shareholders’ and Directors’ Meetings and Corporate Records
On October 1st, 2023, Bill 91 made amendments to the Business Corporations Act (Ontario), the Corporations Act, the Corporations Information Act, the Limited Partnerships Act, and the Partnership...
Actual VS. Contractual: Actual Ownership VS. Contractual Right to Ownership of a Producer’s Book of Business
The relationship between employee and employer is the single most misunderstood concept for most Producers. Let us take a few moments to outline what a Producer who has...