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Entrepreneurial Marathon

on May 26, 2017

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Addressing Covid-19 in Contracts

In the face of COVID-19, we have been asked what happens if a business believes it cannot fulfil its obligations under a contract. These unprecedented times may trigger typically untriggered clauses, including force majeure . Some of you have asked whether your business would be safe from legal consequences for non-performance (or breach) by relying on a force majeure clause. We will briefly go over how force majeure works and what steps you should take if you are worried that your business cannot perform a contract. What is force majeure? Force majeure is a typical clause that suggests that when a certain event happens, a party (or both) is relieved from performing the contract because they have no control over the events that impede their performance. In most cases, contracts will spell out the types of events that constitute force majeure and the consequences of relying on force majeure, including excusing the parties from performance. Whe...

Launching a New Website

Launching a New Website "That which does not kill us makes us stronger." - Friedrich Nietzsche At MDK Business Law, our clients and business colleagues have noticed our metamorphosis over the past few months to a downtown law firm. Along with our fresh client-friendly offices, new hires and greater investment in technology-supported legal services, we wanted to renew the look and feel of our website. We chose to build the site on PageCloud’s platform, as we’ve always had great customer support from them in the past. Why embark on this daunting exercise? We were inspired by a podcast on Lawyerist ( https://lawyerist.com/podcast-171-karin-conroy/_ that reinforced the message that our website must contain clear, concise and useful information for you. Our website is also a central location from which we can provide the public with more timely access to general legal information via our Twitter and LinkedIn updates and posts. It took se...

The Tech Industry in Canada

The Tech Industry in Ontario Canadian technology companies are known worldwide for cutting edge innovation. Growing at a fast pace, there are big opportunities to partner with some of these hidden gems: iBIONICS http://ibionics.ca/ iBIONICS is an Ottawa based tech company that works on aids for the blind community, providing them with the solution that brings them sight. They state that they are doing for blind people what Chochlear is doing for deaf people. They do this by providing a solution that is a bionic retina, the Diamond Eye. They solve the issue of converting light to electric pulses with their product. They saw a problem that needed to be solved with over 200 million people dealing with blindness as a result of Age-Related Macular Degeneration or Retinitis Pigmentosa. inBay Technologies https://www.inbaytech.com/ inBay Technologies Inc. delivers a convenient, safe and secure access to enterprise services and applications. The compa...

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