The Mississauga, Ontario lawyer who means business
In today’s competitive business environment, the corporate world needs access to dynamic and knowledgeable lawyers to assist with both external and internal disputes. Gujral Law Professional Corporation provides a wide variety of legal services for clients in the Mississauga, ON area.
When a business in Mississauga, ON needs a lawyer
Business law is a complex area of practice. Mr. Tarunjeet Gujral is a knowledgeable and experienced commercial litigation lawyer, handling all types of civil and business litigation, including:
- Corporate commercial law
- Residential and commercial tenancies in accordance with the Commercial Tenancies Act in Ontario
- Drafting and review of contracts and leases
- Corporate formation (federal and provincial)
- Restructuring law
- Business purchase and sale
- Contractual litigation
- Disputes between partners and with shareholders
- ADR (mediation and arbitration)
- Drafting of confidentiality and non-disclosure agreements
Why choose Gujral Law Professional Corporation as your business litigation firm in Ontario?
Gujral Law Professional Corporation works to ensure all business clients are in compliance with applicable provincial and federal laws of Canada. Carefully constructed contract and agreement verbiage protects the interests of your business entity and allows the instrument to perform as intended. With expertise in mediation, unnecessary litigations are avoided.
Are you a start-up enterprise? Professional assistance gets you off to a solid start. You may need a legal partnership or shareholder agreement, licenses, and permits. Are you up-to-date with anti-discrimination laws that regulate hiring, employment conditions, and firing? Mr. Gujral is. Are your client and vendor contracts water-tight? These are just a few of the areas where qualified legal representation is especially important at the outset of a new business.
As you become established, you may not require legal counsel for every issue that crosses your desk. However, once Gujral Law Professional Corporation has formed a relationship with a client, we are ready whenever need arises – armed with background and insight. We help clients intercept potential legal issues early, before they become problems.
FAQs
What legal guidance do I need when starting a business?
By seeking out a lawyer’s expertise at the start of your business, you can protect your considerable investment of time and money from costly mistakes, potential lawsuits, and other failures down the line. We can assist with everything from entity formation/structure and IP protection to contract drafting and policy implementation. These services and guidance set your new business up for long-term success. Of course, your specific needs can vary depending on factors such as industry or sector. So, we look forward to discussing those needs and concerns with you.
What are the most common causes of disputes within a business?
Some of the most common business (and civil) disputes are associated with disagreements over contracts. These disputes may stem from:
- Ambiguous, poorly-drafted, and or/vague terms within the language of the contract
- Breaches in which one party does not meet its contractual commitments and obligations
- Arguments over payment terms, delays, or non-payment
- Issues with the quality of a good or service rendered
How do you avoid some of these disputes?
Words matter. We are very precise and adept at speaking the “legalese.” We take a rigorous approach to initiating and reviewing contracts, ensuring there is no room for interpretation or potential sources of confusion and conflict between parties, be it vendors and suppliers or shareholders and employees.
What is involved with due diligence when buying or acquiring a business?
As a skilled and experienced law firm, we are adept at using investigative processes to thoroughly investigate all matters that come across our desk. This same rigorous investigation process is used when examining a potential business to purchase or acquire. While the scope of such “due diligence” can vary significantly based on the type of business and industry, it largely involves a financial review; legal review of corporate records, compliance, and more (to uncover possible legal liabilities and risks): an operational review of things like business processes and management; and a commercial review of the business’s market position and future potential.
What if I’m considering dissolving my business?
Ideally, we work with you well in advance of this process to mitigate any circumstances that may lead to your considering the end of your business. If you move forward with the process, we will ensure the dissolution is properly navigated. Formal resolutions, approvals, certificates, and other documents and procedures must be satisfied during this process. It’s also essential to settle any debts and liabilities; distribute assets; notify creditors; and close accounts before the business is dissolved.
Can I “save” my business relationship with the other party?
Mediation and other forms of Alternative Dispute Resolution are great methods to reach an amicable resolution with the other party you respect and value. Not only is it a more cost-effective and efficient alternative, but it also allows you and the party to work together to reach a mutually agreeable decision and resolve matters creatively in a way that may strengthen your relationship and build your business in the end.
If my business is sued or debts are incurred, am I personally liable for them?
It depends on how your business is structured. For this reason, it is essential to seek out a lawyer’s expertise to discuss these matters and determine the best structure for you at the very start. For instance, unincorporated sole proprietorships and partnerships do not create any legal distinction between the owner(s) and the business. So, your personal assets may be exposed and can be used to satisfy debts or judgments. There is, however, liability protection when incorporating your business.
