Getting the Deal Through (Canada Chapter) – Private Equity 2019 – Fund Formation
A limited partnership is typically used for private equity funds in Canada. This allows ‘flow-through’ treatment for investors (ie, income tax is not paid at the partnership level). Limited partnerships are formed provincially and, to be created, a declaration must be filed in the applicable province. However, they do not have a separate legal personality.
A Canadian limited partnership is, similar to most other jurisdictions, a partnership with passive investors (limited partners) and a general partner who is charged with the management and operation of the business for the partnership and has unlimited liability for all of the obligations of the limited partnership. Limited partner investors do not take part in the management of the fund and are only liable to the extent of the amount they contribute or agree to contribute.
For the full report, download the Canadian Chapter of Getting the Deal Through – Private Equity 2019 – Fund Formation
Insights (5 Posts)View More
Ontario Court of Appeal Upholds 30-Month Notice Period
Ontario’s Court of Appeal has upheld an astounding 30-month notice period awarded to a non-managerial employee with almost 40 years of service.
Corporate Counsel CPD Webinar | Essential Leadership Practices: Supporting the resilience, engagement, and impact of your team
Join professional coach and certified stress management educator, Marla Warner, for an engaging program that will help you focus on elevating performance outcomes, while supporting your team’s engagement and wellbeing. You will learn how to foster trust and respect in your team, the benefits of “coaching”, and why gratitude, empathy and compassion are the superpowers for leaders in 2023 and beyond.
TRC-Sadovod’s Employment and Labour Webinar 2023
Join us for TRC-Sadovod's annual Employment and Labour Webinar as we review and discuss current trends, emerging employment legal issues and provide practical solutions to help you manage your workforce.
Enforcing Arbitration Agreements: Ontario Superior Court Raises a ‘Clause’ for Concern
This bulletin discusses a recent decision that found that an arbitration clause that contracts out of applicable employment standards legislation is invalid.
Transparency for Talent: Proposed Legislation Would Mandate Salary Range and Artificial Intelligence Disclosure in Hiring Process
Ontario will propose legislation aimed at providing additional transparency to Ontario workers, including salary ranges and use of artificial intelligence.
Get updates delivered right to your inbox. You can unsubscribe at any time.