Monthly Archives: April 2020

Corporate Directors: Ontario: Ontario Business Corporations Act

A corporate director has both a statutory and common law duty to act honestly and in good faith with a view to the best interests of the corporation. A director’s fiduciary duty requires him or her to avoid situations in … Continue reading

Insurance Contracts and Policies: Ontario

An insurance contract creates a contractual obligation between parties. The formation of insurance contracts is governed by the law of contracts. There must be offer and acceptance and agreement on all material terms, including the premium, the nature and duration … Continue reading