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23 June 2013 by SotosLLP | Leave a Comment
Crowdsourcing refers to the activity of an individual or group setting out to achieve a particular project or goal by appealing for contributions from members of a (usually online) community. Crowdfunding is merely an extension of the concept of crowdsourcing to the activity of sourcing funding for a particular project or goal. Crowdfunding projects or goals are often charitable or civic-minded, but they may also take the form of appeals by startup companies for a small financial contribution from members of an online community to help fund the development, production or marketing of an innovative product or service.
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Recognition Sotos News
3 April 2013 by SotosLLP
One more reason we’re Canada’s leading franchise law firm: Franchise Times magazine has named seven of Sotos LLP's lawyers to its esteemed list of Legal Eagles in 2013. The annual Franchise Times Legal Eagles list recognizes the best attorneys in franchising, as nominated by their clients and peers and selected after additional research by the Franchise Times editorial board.
In the News Sotos News
1 April 2013 by SotosLLP
David Sterns speaks to the Canadian Bar Association's National Magazine following an appeal that will decide when courts can render judgment in a case by summary judgment and without a full trial.
Automotive Blog Cannabis Grocery Health Home Services Hotel Personal Services Peter Viitre Professional Services Restaurant Retail
19 March 2013 by SotosLLP | Leave a Comment
Every now and again, a client comes to our door wanting to issue shares in their small, private company to a no doubt deserving and loyal employee, franchisee or other investor. My first reaction is always the same: I ask “Why? Why on earth would you want to do that?”
14 March 2013 by SotosLLP
David and Jennifer are part of the Canadian Bar Association's counsel team which will be intervening in the Supreme Court of Canada later this month. The case before the court will decide when courts may decide a complex case by way of summary judgment and when such cases should only be decided at a full trial.
21 February 2013 by SotosLLP
Sotos LLP lawyers John Yiokaris and Christine Jackson were recently published in the Winter 2013 issue of The Franchise Voice.
Automotive Blog Cannabis Grocery Health Home Services Hotel John Yiokaris Personal Services Professional Services Restaurant Retail
21 February 2013 by SotosLLP | Leave a Comment
For franchisors selling franchises in those provinces with franchise disclosure legislation, the law requires that they must provide all prospective franchisees in those provinces with a disclosure document. But what does a franchisor do after it has delivered its disclosure document to a prospective franchisee? When does the disclosure obligation end? Unfortunately for franchisors, the franchise disclosure legislation is not always clear.
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12 January 2013 by SotosLLP | Leave a Comment
It is important for franchisors to understand what happens when one of its franchisee’s concerns relating to the franchised business arrives at franchisee’s counsel’s desk.
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8 January 2013 by SotosLLP
If you are a spouse or family member of a person seeking to obtain a loan with your assistance either by guaranteeing the loan or offering other security, you may have been directed to a lawyer who is independent of the borrower or the lender to give you legal advice. The reason for this is to mitigate the risk to the lender that you are being unduly influenced in offering your assistance.
Automotive Blog Cannabis Grocery Health Home Services Hotel Jean-Marc Leclerc Personal Services Professional Services Restaurant Retail
18 October 2012 by SotosLLP | Leave a Comment
Earlier this year, an important case was decided by the Ontario Superior Court of Justice about rights under the Arthur Wishart Act when system-wide changes are made to an entire franchise system. Although the decision has been appealed, it provides a number of helpful principles for franchisors considering important system changes.