Ridout Barron

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587-315-8454

October 2019 Archives

Real estate and your right to know about material latent defects

Buying real estate In Alberta is typically an exciting process, but it can turn into an unanticipated nightmare. Sometimes a seller will go to great lengths to hide defects that might jeopardize the sale. However, some laws require real estate sellers and their agents to disclose any material defects. Professional building inspectors can even miss some of them.

Employers unsure whether cannabis use can justify termination

In the 12 months since cannabis became legal across Canada in Oct. 2018, many employers are unsure about their rights when it comes to employees who are impaired by cannabis. This includes business owners in Alberta. While alcohol-impairment on the job might justify termination, does the same apply for cannabis impairment on the job?

What to consider when starting a new business in Alberta

One of the most important considerations when establishing a new company in Alberta is how to set it up properly. There are several options for business structures, including partnerships, proprietorships and corporations. In partnerships, liability is unlimited because each partner is personally responsible for business debts. The tax returns of each partner must include their personal and partnership incomes. It is also a good idea to consider the type of relationship that exists between partners to identify potential decision-making problems.

Choose beneficiaries wisely when setting up wills and estates

Drafting estate plans needs careful consideration of various matters that will affect the decisions made. Many people in Alberta choose to seek legal counsel to support and guide them through setting up their wills and estates. The choice of beneficiaries is one aspect that offers various options, each with its pros and cons. Along with irrevocable, revocable and contingent beneficiaries, there might be minor children to add as well.

Does business law in Alberta protect trade secrets?

Many Alberta business owners have suffered the financial consequences of insufficient protection of their trade secrets. Anything that can adversely affect a business if it becomes public knowledge can be regarded as a trade secret. Business law does not protect confidential information, but many ways exist to protect trade secrets.

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Ridout Barron

802 13th Ave SW
Calgary, AB T2R 0L2
Phone: 587-315-8454
Fax: 403-271-8016
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