Karen's practice focuses on securities and other transactional corporate matters including public and private equity and debt financing, mergers and acquisitions and takeovers. Karen's practice also involves advising clients with respect to corporate governance and continuous disclosure issues.
JUNE 10 2019
Declaring a Cash Dividend: Remember the Solvency Tests!
While the board of directors of a corporation governed by the Business Corporations Act (Ontario) (the "OBCA") has the power to declare dividends, its authority to declare and pay cash dividends is subject to compliance with two statutory solvency tests.
- Canadian Bar Association
- Law Society of Upper Canada
- Law Society of Alberta
- University of New Brunswick, LL.B., 2000
- Queen's University, B.A.H., 1994