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Directors' Liability & Fiduciary Duty in Canada 2019 Guide

    https://www.fasken.com/en/knowledge/doing-business-canada/2019/06/directors-officers-liability
    Jun 17, 2019 · Although the liability of corporate directors and officers varies with the jurisdiction of incorporation, the statutory duties found in provincial legislation are generally similar to those set out in the CBCA. Duty of Care and Duty of LoyaltyEstimated Reading Time: 8 mins

Director's liability - Canada.ca

    https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/penalties-interest-other-consequences/director-s-liability.html
    Jan 25, 2017 · If a corporation (including for-profit or non-profit) does not deduct, remit, or pay amounts held in trust for the Receiver General (Canada Pension Plan, employment insurance, and income tax), the directors of the corporation at the time of the failure are jointly and severally, or solidarily, liable along with the corporation, to pay the amount due.

Director's and officer's duties in Canada Insights DLA ...

    https://www.dlapiper.com/en/canada/insights/publications/2020/08/directors-and-officers-duties-in-canada/
    Dec 15, 2020 · In exchange for the protection provided by the corporate veil, Canadian law imposes a wide range of duties on a corporation’s directors and officers. Should they fail to carry out these duties, they risk losing the protection of the corporate form, and may face personal liability.Estimated Reading Time: 8 mins

Directors’ And Officers’ Liability - Corporate/Commercial ...

    https://www.mondaq.com/canada/corporate-governance/74904/directors-and-officers-liability
    Feb 23, 2009 · Originally published in The Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada.. Important developments have taken place in Canada over the past year regarding the potential for directors and officers to incur liability, specifically in the areas of (i) timely disclosure obligations; (ii) the duties of directors and officers in the context of a company that is up for sale; …Estimated Reading Time: 14 mins

Liability of directors, officers, and shareholders - FREE ...

    https://www.legalline.ca/legal-answers/liability-of-directors-officers-and-shareholders/
    Liability of directors, officers, and shareholders Region: Ontario Answer # 226 One of the main benefits of the corporate form of business is that the shareholders, directors and officers of a corporation are not usually held personally responsible for the debts and obligations of the corporation.

Director & Officer Liability: 8 Tips for Protecting Your ...

    https://www.lerners.ca/lernx/director-officer-liability-8-tips-for-protecting-your-personal-assets/
    Mar 31, 2012 · All corporate law statutes, under which corporations are incorporated, permit corporations to indemnify their directors and officers from claims brought against them in their capacity as directors. A corporation can only indemnify its directors to the extent it is permitted to do so by its governing statute.Estimated Reading Time: 10 mins

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