Contracts can get tricky
Contributed - Jul 25, 2023 - Columnists

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The business law team at FH&P Lawyers has been assisting clients for more than 100 years in the Okanagan and is rooted in community. The team provides legal services to people just starting out or who have been around for decades, regardless if they are an individual with a small business or a large multi-jurisdictional corporation.

This FH&P Lawyers podcast entitled “Law Talk” educates listeners on business matters including whether or not to incorporate, estate planning with a business and all other legal issues businesses face. You are welcome to ask our lawyers a question, and they will answer it during an upcoming podcast. Email [email protected] with your questions.

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There are times when a standard form contract just won’t do.

This week on Law Talk, Clay Williams and Tanvir Gill of FH&P Lawyers discuss everything you need to know if you are selling or buying a business that has more layers than a usual transaction.

FH&P Lawyers has a full due diligence panel that it will put into action leading up to a purchase, all in an effort to ensure every aspect of the deal is done properly. Little mistakes can lead to big problems, especially if it’s a share deal, and FH&P knows which contracts to use with each issue that arises.

Inactive companies can be sued
Contributed - Jul 18, 2023 - Columnists

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The business law team at FH&P Lawyers has been assisting clients for more than 100 years in the Okanagan and is rooted in community. The team provides legal services to people just starting out or who have been around for decades, regardless if they are an individual with a small business or a large multi-jurisdictional corporation.

This FH&P Lawyers podcast entitled “Law Talk” educates listeners on business matters including whether or not to incorporate, estate planning with a business and all other legal issues businesses face. You are welcome to ask our lawyers a question, and they will answer it during an upcoming podcast. Email [email protected] with your questions.

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What should you do if your inactive company gets sued?

That is the topic FH&P Lawyers Clay Williams and Tanvir Gill discuss during this week’s Law Talk podcast.

The initial reaction for most entrepreneurs would be to ignore the lawsuit and just let a default judgment happen, but that is not necessarily the best move. Williams and Gill explain why.

They also remind listeners about the benefits of picking a voluntary dissolution date for their expiring business, which could also help in the case of a late lawsuit.

How to end your company
Okanagan Edge Staff - Jun 20, 2023 - Columnists

What happens when you are done with your company?

Perhaps you have sold all of your assets to a buyer, and the business is no more. There are several options at this point, and some of them involve getting a lawyer involved.

Clay Williams and Tanvir Gill of FH&P Lawyers this week discuss all the directions you can go once your business is no more on the Law Talk podcast.

Send any questions or comments to Williams and Gill about this topic or anything else related to business law at [email protected].

Solicitor’s opinion carries weight
Contributed - Jun 06, 2023 - Columnists

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If you are incorporating a business, you are more than likely going to need to see a lawyer at some point.

A solicitor’s opinion is needed to ensure that a business plan is feasible, and there are other precedents that require the esteemed opinion of a lawyer.

FH&P’s Clay Williams and Tanvir Gill discuss everything you need to know about a solicitor’s opinion in this week’s edition of Law Talk.

Send your questions or business law topics for Williams and Gill to [email protected].

Two-home properties tricky
Contributed - May 23, 2023 - Columnists

This week FH&P lawyers Clay Williams and Tanvir Gill delve into the world of two-home properties and dealing with non-conforming stratas.

There are many aspects homeowners need to know about such arrangements, including how to get the right insurance as well as common and limited common property.

Send any questions to [email protected].

Criminal record checks stricter
Contributed - May 10, 2023 - Columnists

FH&P partner Clay Williams welcomed associate Brett McClelland to this week’s Law Talk podcast to discuss criminal record checks.

Williams and McClelland point out that a good part of the population will have to go through some sort of criminal record check at some point in their lives. They discuss the different kinds of checks that can be performed.

The government also implemented new rules around criminal record checks in 2021 that everyone should know about.

Organize your shareholders
Contributed - Apr 25, 2023 - Columnists

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There are many different types of shareholders agreements, including those who are taking over a company that is already functioning, a few people coming together to make a brand new business and existing firms that bring in new partners.

On this week’s Law Talk podcast, FH&P lawyers Clay Williams and Tanvir Gill discuss everything you need to know about shareholders agreements.

Keep your business ideas safe
Contributed - Apr 11, 2023 - Columnists

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A major concern for employers is that an employee will take what they have learned, and immediately leave that business and either work for a competitor or start their own similar business trying to steal clients.

In this case, how does an employer protect themselves and their business? Having an employee sign a non-competition agreement is one way, and this week the FH&P Lawyers Law Talk podcast explores that topic.

Partner Clay Williams welcomes guest host Nancy Ling, a partner at FH&P Lawyers, to discuss.

How to avoid foreclosure
Contributed - Mar 28, 2023 - Columnists

This week FH&P lawyers Clay Williams and Tanvir Gill look at the rising interest rates and the potential foreclosures of residential or commercial properties.

The two lawyers discuss some of the mortgage options and ways one can avoid a foreclosure.

Send your law questions to [email protected].

How to deal with estates
Contributed - Mar 15, 2023 - Columnists

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So many questions swirl around someone’s estate and assets when they pass away. It is important to have an executor, especially if there is a business transaction underway when the person passes. What happens in that case?

Lawyers Clay Williams and Tanvir Gill welcome FH&P Associate Jen Schreurs onto the Law Talk podcast to discuss some of the steps that should be taken as well as other scenarios.

Ask your law questions to [email protected].

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