North America: Corporate/Commercial Law

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Article
"Clear And Concise" Is A Legal Standard, Not A Drafting Preference
Every Canadian franchise disclosure statute requires that disclosure documents be "accurate, clear and concise," yet many franchisors treat this as mere drafting guidance rather than an enforceable legal standard. This article examines how courts assess disclosure quality in rescission claims and why opacity in franchise documents can transform a sixty-day rescission window into a two-year liability exposure.
Canada Commercial
DL
Dale & Lessmann LLP
Article
How To Build Trade Secret Protections That Actually Hold Up In Court
North Carolina businesses face significant legal risks when employees mishandle confidential information, but courts evaluate whether companies made reasonable efforts to protect their trade secrets before granting legal protection. This guide examines the specific security measures, documentation practices, and cultural safeguards that satisfy legal standards for trade secret protection under federal law and North Carolina's Trade Secrets Protection Act.
United States Commercial
Wa
Ward and Smith, P.A.
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Related Country Guides

MA
Mergers & Acquisitions
DB
Doing Business In
E
ESG
VC
Venture Capital
PM
Private M&A
F
Franchising
PE
Private Equity

Highlighted Content

Corporate and Company Law

Article
Cayman Islands Litigation: Wiser Heads Have Spoken – Appellate Confirmation Of The Investigative Ground
The Court of Appeal in Re PetroSaudi International has settled a long-standing debate by confirming that Cayman Islands courts have jurisdiction to order just and equitable winding up where there is a need for investigation into a company's affairs. This landmark appellate decision establishes clear parameters for when the investigative ground can be invoked, requiring proper standing and evidence that unsecured creditors would benefit.
Cayman Islands Insolvency
C
Conyers
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Privilege

Article
Double Check Your Privilege – Practical Advice To Companies And Directors In The Cayman Islands
A recent English High Court decision clarifies that investor-appointed directors cannot freely share privileged legal documents with their appointing shareholders without explicit company authorization. This ruling challenges common assumptions about information rights in shareholders' agreements and establishes new boundaries for directors navigating dual loyalties between companies and investors.
Cayman Islands Commercial
DE
Dillon Eustace
Article
When AI Reviews Your Legal Bills, What Else Is It Learning?
Corporate legal departments increasingly use third party platforms and managed billing services to review outside counsel invoices. In many cases, the client selects the system and directs its law firms to submit bills through it. Some of these services now use artificial intelligence, automated review, or a combination of technology and human reviewers to examine individual time entries and recommend billing reductions.
United States Commercial
BS
Butler Snow LLP
Article
Counsel’s Threat Of Civil Proceedings Results In Mistrial Of Criminal Conviction Against Frank Stronach (R. V. Stronach No.5)
After a trial in 2026, Frank Stronach was found guilty of two sexual offence charges for incidents that had occurred some 40 years earlier. Following the conviction, but before sentencing, one of the complainants had a civil lawyer write to Mr. Stronach’s criminal lawyer to threaten a civil claim for damages of almost $1 million
Canada Litigation
GR
Gardiner Roberts LLP
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Directors and Officers

Article
Can A Shareholder Or An LLC Member Really Sue My Company For That?
Shareholder and LLC member lawsuits present complex legal challenges for business owners, involving critical distinctions between derivative and individual claims. Understanding procedural requirements, defense strategies, and the significant differences between Delaware and California law can help executives protect their companies from costly litigation and minimize exposure to member claims.
United States Commercial
HK
Holland & Knight
Article
Litige entre actionnaires : quand une atteinte aux droits d’un actionnaire mène à des dommages-intérêts punitifs
Dans une affaire de litige entre actionnaires, le tribunal a reconnu qu'une éviction illégale et intentionnelle d'un actionnaire constitue une atteinte aux droits protégés par la Charte des droits et libertés de la personne. Les défendeurs ont été condamnés à verser des dommages-intérêts punitifs pour avoir délibérément nié le statut d'actionnaire et d'administrateur du demandeur au sein de plusieurs sociétés exploitan
Canada Commercial
BB
BCF Business Law
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Franchising

Article
"Clear And Concise" Is A Legal Standard, Not A Drafting Preference
Every Canadian franchise disclosure statute requires that disclosure documents be "accurate, clear and concise," yet many franchisors treat this as mere drafting guidance rather than an enforceable legal standard. This article examines how courts assess disclosure quality in rescission claims and why opacity in franchise documents can transform a sixty-day rescission window into a two-year liability exposure.
Canada Commercial
DL
Dale & Lessmann LLP
See more

Latest Videos

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