In an era where technology intersects with every aspect of our lives, it's tempting to explore innovative tools to simplify complex tasks. One such tool gaining popularity is ChatGPT, an advanced language model designed to generate human-like text. While ChatGPT can offer assistance in various domains, it's crucial for clients to exercise caution when considering its use in legal matters. In this blog, we highlight the potential pitfalls and offer guidance on how clients can navigate the intersection of AI and legal services responsibly.

What should the initial capital structure look like?

Types of Shares in a Corporation: A corporation can have one or more classes of shares. In Canada, when there is only one class of shares, it must include certain rights, such as the right to vote, receive dividends, and claim remaining assets upon dissolution. Additional classes of shares, like preference or preferred shares, may be created to attract specific types of investors, offering them different rights.