ARTICLE
13 November 2020

Startup Board Meeting FAQ: A Discussion And Guide On Questions Founders Will Want To Consider

TL
Torys LLP

Contributor

Torys LLP is a respected international business law firm with a reputation for quality, innovation and teamwork. Our experience, our collaborative practice style, and the insight and imagination we bring to our work have made us our clients' choice for their largest and most complex transactions as well as for general matters in which strategic advice is key.
What are some of the best practices to help you prepare for a board meeting so you can leverage the board's expertise and knowledge in a productive manner?
Canada Corporate/Commercial Law

What are some of the best practices to help you prepare for a board meeting so you can leverage the board's expertise and knowledge in a productive manner?

In their latest video, Torys' Emerging Companies and Venture Capital group discusses key things companies governed by the Canada Business Corporations Act will want to consider, including:

  • the role of the board in positioning the company to succeed;
  • who should attend board meetings and how seats should be allocated;
  • when board meetings should be scheduled;
  • how disagreements from directors should be handled and documented; and
  • what sensitive information should be discussed during a board meeting.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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