The Role of Boards, Advisory Panels, Service Providers
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In this presentation, speaker Craig Thorburn of Blake Cassels, Graydon looks at the start-up and administration of a business through a corporation with a focus on the efficient use of professional ...

In this presentation, speaker Craig Thorburn of Blake Cassels, Graydon looks at the start-up and administration of a business through a corporation with a focus on the efficient use of professional service providers, the management of the corporation through a board of directors and the relationships among shareholders of the corporation.
More information, including webcast: http://www.marsdd.com/Events/Event-Calendar/Ent101/2008/advisoryboards-20080402.html

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The Role of Boards, Advisory Panels, Service Providers Presentation Transcript

  • 1. 1
  • 2. The Role of Boards, Advisory Panels and Service Providers MaRS Entrepreneurship 101 Craig C. Thorburn Blake, Cassels & Graydon LLP April 9, 2008
  • 3. The Corporate Model  Corporation → Separate legal person → Limited liability  Triad → Shareholders → Directors → Officers 3
  • 4. Shareholders  Shareholders → Election of Directors (also removal) → Appointment of Auditors → Entitlement to receive Dividends → Proceeds on Winding up → Approval of major changes • sale of all or substantially all assets • change of name • change of articles of incorporation 4