Recognition Sotos News
17 November 2016 by SotosLLP
Sotos is the top franchise law firm in Canada according to Law Business Research’s Who’s Who Legal showing our great depth of talent with six lawyers ranked as leading in their field.
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Adrienne Boudreau Automotive Blog Cannabis Grocery Health Home Services Hotel Personal Services Professional Services Restaurant Retail
3 November 2016 by SotosLLP | Leave a Comment
When entering into a rental arrangement with a family member or friend, it might seem unnecessary to draft a formal written agreement. It might seem that an oral agreement is good enough. However, to protect the landlord’s interest, it is important to document the tenancy and to specify the terms under which the tenant may occupy the property. Without an agreement, the landlord’s equity interest in the property could be at risk.
Automotive
31 October 2016 by SotosLLP
In this article, we will discuss a somewhat-related topic of properly planning for the succession of your dealership. This could include transferring the dealership to a family member, or the eventual sale of the dealership to an outside party such as a manager/employee of the business.
Automotive Blog Cannabis Grocery Health Home Services Hotel John Sotos Personal Services Professional Services Restaurant Retail
31 October 2016 by John Sotos
Automotive dealerships often have millions of dollars in internally-generated goodwill. Changes announced in the recent federal budget could mean a much higher tax bill on the sale of this goodwill after January 1, 2017.
Automotive Blog Cannabis Grocery Health Home Services Hotel Personal Services Professional Services Restaurant Retail
6 October 2016 by SotosLLP
With sweeping reforms on the way to Canada’s Trade-Marks Act that will dramatically expand the scope of protection for trademarks, domestic and international brands should take note and consider applying to obtain trademarks that have traditionally been denied registration in Canada.
30 September 2016 by SotosLLP
We are pleased to announce that Sotos has once again been ranked as Tier 1 by Chambers Canada 2017. John Sotos, Allan Dick, Peter Viitre and David Sterns all being acknowledged as top in their field.
Grocery Hotel Restaurant
27 September 2016 by SotosLLP
Food retailers have a few more months before they will be subject to the regulations of the Healthy Menu Choices Act, 2015. On January 1, 2017, restaurants, convenience stores and cafes that operate more than 20 locations in Ontario will need to comply with the Act.
Allan Dick Automotive Blog Cannabis Grocery Health Home Services Hotel Personal Services Professional Services Restaurant Retail
26 September 2016 by SotosLLP | Leave a Comment
Commercial landlords routinely lease premises in shopping malls, plazas and standalone buildings to franchised businesses. Those businesses represent some of North America’s best known brands. A commercial lease for a franchised business has at least 3 and often 4, 5 or 6 interested parties – the landlord, the franchisor, the franchisor’s leasing affiliate, the franchisee, the franchisee’s guarantors/indemnifiers and the franchisee’s lender. Each has a distinct interest in the leasing arrangement and must consider its contracting strategy accordingly.
Automotive Blog Cannabis Expansion Grocery Health Home Services Hotel John Yiokaris Personal Services Professional Services Restaurant Retail
19 September 2016 by SotosLLP
Deciding to purchase a franchise is a complex process. After researching the business side of the investment, prospective franchisees should carefully review the franchise agreement with their legal advisors before signing it. Many franchisors will tell you that their franchise agreement is standard and non-negotiable and that may very well be the case, however, you should fully consider the following four key issues before you purchase any franchise.
Automotive Blog Cannabis Expansion Grocery Health Home Services Hotel Personal Services Professional Services Restaurant Retail Yianni Alexopoulos
31 August 2016 by SotosLLP
There are benefits to a franchisor electing to negotiate and enter into a head lease directly with the landlord and then assigning or subletting the lease to a franchisee. However, certain clauses in the lease agreement are often more important to the franchisee than the franchisor.
