Anton M. Katz, Barrister and SolicitorNorth York, ON · January 28, 2021Follow

Right of first refusal versus right of first offer

Shareholder agreements can be drafted to allow business partners in private corporations to sell their shares whenever they want while protecting the remaining owners, says Toronto business lawyer Anton Katz. By default, shareholders in private corporations are usually unable to sell their interest in the business without the consent of the board of directors, says Katz,...

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