Law & Accounting Matters
ûLaw & Accounting Matters. Virtually everything we do can be connected in some way to a law or regulation, but only about one per cent of the law sensationalized by the media is actually practiced in the courtroom or legal offices. Failing to plan for and navigate the vast array of rules and regulations that apply to companies that seek a public listing will cost you time, money, expense and opportunity. Sound obvious? Certainly. But it is easy to overlook legal matters that can stop a company's plan to raise growth capital dead in its tracks.
The purpose of Law Matters is to highlight areas of law and regulation that are relevant to public companies or those going public. To list on CNSX, or any other stock exchange, requires disclosure of a significant degree of detail concerning your company. If you have partnered with a qualified lawyer who has guided you through your legal requirements from early days, Law Matters will provide you with insights into the legal issues that securities commissions and stock exchanges focus on in determining whether you make the grade.
If you have been focused, like many business people, on developing your business while minimizing professional costs, Law Matters will provide you with an overview of some of the important legal factors that your business must address promptly if it is planning to list. Our articles are written in plain English. They can serve as an overview of some important legal matters that you must ultimately understand and manage, because legal costs will significantly impact your bottom line, whether you are already paying for advice or have been ambling along on a shoestring budget.
Law Matters is not a substitute for lawyers. It’s not legal advice. It can provide you with useful information so that you have a reasonable head start on what to expect from your professional advisers and what questions to ask.
Law Matters is edited by Robert Spiegel of Stikeman Keeley Spiegel Pasternack LLP (Toronto). Mr. Spiegel specializes in securities financing, mergers and acquisitions and complex corporate reorganizations. Mr. Spiegel also specializes in stock exchange listing, compliance and regulation, and provides advisory services in connection with issuer and broker compliance. He was formerly in house counsel at the TSX. You can reach Mr. Spiegel at spiegel@stikeman.to
If you wish to contribute to law matters or have a question regarding the publication please email us at info@gopublicincanada.com
September 2009 - Writing MD&A for Venture Issuers
August/Août 2009 - Capital Raising Incentives for Quebec-based Issuers and Investors / Mesures Incitatives pour les Emetteurs et Investisseurs Quebecois afin de Reunir des Capitaux
July 2009 - Changing Your Auditors - Part II
June 2009 - It's Going To Get Tougher to Trade Securities of U.S. OTC Issuers In Canada
May 2009 - Changing Your Auditors
