The divorce process can give rise to a variety of disputes, most of which can be resolved with the help of family law lawyers. However, dealing with the division of business assets in an Alberta divorce could be challenging, and it is a process that likely needs the support and guidance of a lawyer who has experience in business and commercial law. A perfect example of such circumstances is the recent divorce of Jeff Bezos, the CEO of Amazon, and his wife of 25 years, MacKenzie.
Every business in Alberta, regardless of its size, is vulnerable when it comes to scams. For this reason, it is essential for business owners to remain alert and keep their eyes open for any red flags that could prevent the typical damages caused by business scams. Fortunately, lawyers who focus on business and commercial law issues can provide valuable advice related to these issues.
Litigation is an expensive process that could be financially devastating to any Alberta business. For this reason, many business disputes are resolved through arbitration. The primary difference between the two methods is that a judge orders the resolve in litigation, while arbitration enables the parties to find resolution through a process that suits their individual needs.
Many entrepreneurs in Alberta who decide to buy businesses focus on nothing other than the price. Some think the success of the purchase depends on their ability to negotiate a better price. However, the lowest possible price might not be the most critical consideration. An important question is how much of his or her own funds the entrepreneur is willing to contribute to the purchase of the business because that might provide more leverage during negotiations, and encourage lenders to offer additional resources.
Business owners in Alberta face a multitude of challenges. One of those is theft, and commercial law allows steps to be taken to minimize theft opportunities and protect assets. Many owners choose to utilize legal counsel to assist with establishing a strategy to prevent theft -- both external and internal.
In addition to price, other critical questions need to be asked before purchasing an existing enterprise. Entrepreneurs in Alberta who are first-time business buyers might focus on the price alone, not realizing that other important factors must be considered to improve the chances of success. The first question would be for the purchaser to determine how much in personal funds he or she is willing to commit to secure the deal.
Labour shortages are a constant concern for farms across the country, with many farmers seeking temporary foreign workers to fill in the gaps. Twenty groups representing various Alberta farmers have recently begun lobbying for a review of the business law related to this important issue. The agricultural industry says 2014 changes to the law, designed to remove loopholes and prevent abuses, are making it difficult to bring in the workers they need.
Technology companies often raise new questions for regulators, especially if they present a tool where no laws seem to exist. Lack of regulation has been an ongoing controversy when it comes to bots that act as online ticket "scalpers," which are programmed to buy up tickets to popular events and sell them at inflated prices. Lawmakers in Alberta have passed a new business law to put a stop to these often contested programs.
The transportation and truck driving industries employ many people across Canada. A recent fatal collision between a truck and a bus carrying the Humboldt Broncos team has influenced Alberta lawmakers to pass a new business law mandating driver training for new commercial drivers. The province's Transportation Minister says the new regulation will be in place as early as Jan. 2019.
Provincial laws and taxes are often the cause of businesses changing locations. This is a current concern in Manitoba, where energy efficiency programs and cuts to advertising may be contributing to the move of at least one company to Alberta. Provinces often have to weigh the importance of certain new laws with the possible repercussions from the business community.