The term “securities” designates a class of assets that conventionally includes shares in corporations, interests in partnerships, debt instruments such as bonds and financial derivatives The securities market channels savings in two basic ways: (1) it allows demanders of investment capital (“issuers”) to receive investment capital from suppliers of capital (“investors”) in exchange for a [...]
Blog & Articles
Need an answer to your legal problem? Discuss your case in our law blog and check latest law articles by Hosseini Law Firm (HLF)
U.S. Office of Foreign Assets Control: What Your Business Should Know
1. What is the Office of Foreign Assets Control? The Office of Foreign Assets Control (OFAC) operates within the U.S. Department of the Treasury. OFAC administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities [...]
Do you need a lawyer for bankruptcy?
Should you consult a lawyer before discussing debt and credit issues with a bankruptcy trustee? A common misconception is that a bankruptcy trustee works for the creditors. A bankruptcy trustee does not work for the creditors, but he also does not “work” for the debtor or bankrupt person. A bankruptcy trustee in Ontario is appointed by the [...]
Why Incorporate Your Business?
Of the various forms of business organization, the corporation with share capital is the entity most often used to carry on commercial activities in Canada. There are many advantages to incorporating your business, as outlined below. 1. Limited liability A corporation is a separate and distinct legal entity from its owners. A corporation is therefore [...]
Talking to the Police
There is no obligation to speak with the police. This rule applies to both those being investigated as well as witnesses. If the police ask an individual to provide a statement or answer questions, they are completely free to refuse.
Offshore Incorporation
Choosing an offshore jurisdiction in which to incorporate your business to protect your assets involves considering various factors, including your goals, your budget, and the protection of your legal rights. Offshore incorporation involves creating an offshore entity outside one’s primary jurisdiction of business. It is often one of the best methods of protecting one’s assets. [...]
Managing Risk
Businesses that do not comply with the law, or do not implement and adhere to effective systems of governance, internal control and audit, expose themselves to significant regulatory, legal and reputational risks. For the first post, we would like to bring to our reader’s attention one of the most important factors in the success of [...]
Behdad Hosseini -B.A. Honours, Jurisprudence Doctorate -JD- (LLB) Barrister & Solicitor, Notary Public, Lawyer & Legal Counsel Meet the HLF Team
