In Ontario, dependant support claims arising after a person’s death are governed primarily by Part V of the Succession Law Reform Act (“SLRA”). These claims may arise where a deceased individual has failed to make adequate provision for the proper support of a dependant through their Will or through intestacy. …
Breaking the Impasse: Understanding Shotgun Clauses
Including a buy-sell provision – commonly known as a “shotgun” clause – in a shareholder agreement is a significant decision. Shotgun clauses provide an efficient mechanism for resolving deadlocks among shareholders, helping to avoid disruptions to the business. These clauses have also been a source of litigation, most often in …