Our readers will be interested in a post on our M&A law blog on proposed reforms to modernize Ontario's business environment. The post highlights the recommendations of a 13-member expert panel of legal practitioners and academics which include: amendments to the Ontario Business Corporations Act; reducing the potential for limited partner liability among Ontario LPs; amendments to the Personal Property Security Act to permit cash as collateral to be perfected by control as opposed to registration; and repealing the Bulk Sales Act. For details, please see Modernizing Ontario's Business Law: Expert Panel Releases its "Wish List".
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