THE INFORMATION PORTAL

The Hague Convention on Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters, 1965 (also known as the Hague Service Convention) is an international treaty that sets out the rules for serving judicial and extrajudicial documents abroad in civil or commercial matters.

The National Instruments are a comprehensive set of rules and regulations that apply to the securities industry in Canada. They are issued by the Canadian Securities Administrators, an umbrella body representing each province and territory’s securities regulators. The National Instruments are intended to strengthen investor protection and promote efficient capital markets.

An order of discharge under the Bankruptcy and Insolvency Act releases a bankrupt individual from the majority of their debts and responsibilities. This signifies that the bankrupt is no longer legally obligated to repay their debts, and creditors can no longer pursue legal action against the bankrupt to recover the debts.

Section 37 of the Conveyancing and Law of Property Act (the “Act”) of Ontario regulates the rights and responsibilities of parties in connection to liens on lands for improvements performed under a mistake of title.

A lien is a legal claim or right to a piece of property as security for the payment of a debt or other obligation, according to the Act. A lien on lands for improvements describes a circumstance in which a person has made improvements to a piece of property under the assumption that they are the owner or have some other legal interest in the property.

The oppression remedy is intended to offer shareholders, directors, and officers with a method to seek redress where they have been subjected to oppressive treatment by the corporation. This may include instances in which the corporation has operated in a manner that is unfairly prejudicial to the interests of specific shareholders or has disregarded the rights of its directors or officers.

Asset protection planning is a process that involves organizing one’s affairs to prevent the loss of wealth due to legal actions, divorce, and taxes. To achieve this goal, many people have created asset protection trusts, which are legal arrangements that allow individuals to safeguard their assets, such as their home or other property, business, retirement funds, and children’s education savings. One type of asset protection trust that is available is the Nevada Asset Protection Trust.