What is a shareholders agreement and why do I need one?

A shareholders agreement governs the relationship between business owners, covering issues like decision-making, profit distribution, share transfers, and dispute resolution. Without one, you rely on default statutory rules that may not reflect your intentions.

When should I involve a lawyer in a business transaction?

Ideally, as early as possible. Involving legal counsel before signing a letter of intent or term sheet helps identify risks, negotiate better terms, and avoid costly disputes down the road.

Corporate and Commercial

Trusted counsel for professionals and businesses across Ontario

KLF provides corporate and commercial advisory services to growth-stage and established privately-held businesses across Ontario. We act as outside general counsel to businesses in a range of sectors, with particular depth in healthcare, automotive, and franchise businesses. Our corporate and commercial work is closely integrated with our litigation practice, which means clients receive advice that accounts for both transactional and contentious risk.

What We Cover

Many small and medium-sized businesses benefit from having access to experienced legal counsel on an ongoing basis without the overhead of in-house lawyers. KLF is relied on by business owners and entrepreneurs as their trusted legal resource for day-to-day legal matters, commercial contract review, governance issues, and strategic legal decisions. This relationship gives clients the confidence that they have counsel familiar with their business and available when matters arise.

How We Engage

Initial Assessment

We review the facts, identify the legal issues, and provide a candid assessment of your position and options.

Strategic Planning

We develop a focused strategy tailored to your objectives, timeline, and risk tolerance.

Resolution

We pursue the most effective path to resolution — whether through negotiation, mediation, arbitration, or litigation.