Law Dictionary

Share purchase agreements refer to legally binding contracts that outline the terms and conditions of the sale and purchase of shares in a company. These agreements typically include details such as the purchase price, the number of shares being sold, and any warranties or representations made by the seller. Share purchase agreements are commonly used in business and real estate transactions, and are an important tool for protecting the interests of both buyers and sellers. In British Columbia, share purchase agreements are subject to specific legal requirements and regulations, and should be drafted and reviewed by experienced legal professionals.

Shareholder agreements refer to legally binding contracts that outline the rights and obligations of shareholders in a corporation. These agreements typically cover issues such as the transfer of shares, voting rights, and the distribution of profits. In British Columbia, shareholder agreements are commonly used in business, real estate, and technology law to establish clear guidelines for corporate governance and protect the interests of shareholders.

Shareholder disputes refer to conflicts or disagreements between shareholders of a company regarding their rights, obligations, or interests in the company. These disputes can arise from various issues such as management decisions, financial matters, or ownership disputes. In British Columbia, shareholder disputes are typically resolved through legal proceedings or alternative dispute resolution methods such as mediation or arbitration.

Shareholder meetings refer to gatherings of a corporation's shareholders, held in accordance with the company's bylaws and the British Columbia Business Corporations Act. These meetings provide shareholders with the opportunity to vote on important matters, such as the election of directors, approval of financial statements, and changes to the company's articles or bylaws. Shareholder meetings are a crucial aspect of corporate governance and transparency, and are often required by law.

Shareholder oppression refers to the unfair treatment of minority shareholders by the majority shareholders or the company's management. This can include actions such as withholding information, denying access to company records, diluting minority shareholder's voting power, or unfairly distributing profits. In British Columbia, there are legal remedies available to minority shareholders who have been subjected to shareholder oppression, including the ability to seek court orders or damages.

Shareholder remedies refer to the legal actions available to shareholders of a corporation in British Columbia to protect their rights and interests. These remedies may include seeking court orders, initiating derivative actions, or pursuing other legal avenues to address issues such as breaches of fiduciary duty, oppression, or other violations of corporate law. Shareholder remedies are an important aspect of business, real estate, and technology law in British Columbia, as they help ensure that shareholders are able to hold corporations accountable and protect their investments.

Shareholder resolutions refer to formal proposals made by shareholders of a corporation, which are presented and voted on at the corporation's annual general meeting. These resolutions can cover a wide range of topics, including changes to the corporation's bylaws, the election of directors, and the approval of major business decisions. In British Columbia, shareholder resolutions are governed by the Business Corporations Act and must comply with specific legal requirements.

Shareholder rights refer to the legal entitlements and protections afforded to individuals or entities that own shares in a corporation. These rights may include the ability to vote on important corporate decisions, receive dividends, inspect corporate records, and bring legal action against the corporation or its directors. In British Columbia, shareholder rights are governed by the Business Corporations Act and other relevant legislation.

Shareholder voting refers to the process by which shareholders of a corporation exercise their right to vote on matters that affect the company, such as the election of directors, approval of major transactions, and changes to the company's bylaws. In British Columbia, shareholder voting is governed by the Business Corporations Act and the company's articles of incorporation and bylaws. Shareholders typically have one vote per share owned, and the outcome of the vote is determined by a majority of the votes cast.

Shareholders are individuals or entities that own shares in a corporation, giving them a stake in the company's ownership and the right to vote on important matters such as the election of directors and major corporate decisions. In British Columbia, shareholders have legal rights and responsibilities outlined in the Business Corporations Act, including the right to receive dividends and the obligation to comply with the corporation's bylaws and articles of incorporation. Shareholders may also be subject to certain restrictions and regulations, particularly in the context of public companies and securities law.

Software contracts refer to legally binding agreements between parties involved in the development, licensing, or use of software. These contracts outline the terms and conditions of the software's use, including licensing fees, intellectual property rights, warranties, and limitations of liability. In British Columbia, software contracts are governed by the province's contract law and intellectual property laws. It is important for businesses and individuals to carefully review and negotiate software contracts to ensure that their rights and interests are protected.

Software copyrights refer to the legal protection granted to the creators of software programs, which gives them exclusive rights to reproduce, distribute, and modify their work. In British Columbia, software copyrights are governed by the Copyright Act and provide important protections for businesses and individuals in the technology industry.

Software development agreements refer to legally binding contracts between a software developer and a client that outline the terms and conditions of the software development project. These agreements typically cover issues such as project scope, timelines, payment terms, intellectual property rights, warranties, and liability. In British Columbia, software development agreements are governed by the province's contract law and may also be subject to specific regulations related to technology and intellectual property.

Software infringement refers to the unauthorized use, reproduction, distribution, or modification of software protected by copyright or other intellectual property laws. In the context of business, real estate, or technology law in British Columbia, software infringement can result in legal action and damages for the owner of the software. It is important for businesses to ensure that they have proper licenses and permissions for any software they use to avoid potential infringement claims.

Software licensing refers to the legal agreement between the owner of a software program and the user, which outlines the terms and conditions of use. This agreement typically grants the user a limited, non-exclusive right to use the software, subject to certain restrictions and obligations. In British Columbia, software licensing agreements are governed by contract law and may include provisions related to intellectual property rights, warranties, liability, and termination.

Software litigation refers to legal disputes arising from the development, distribution, or use of software. This can include issues related to intellectual property, licensing agreements, breach of contract, and other matters specific to the technology industry. In British Columbia, software litigation may involve the application of provincial and federal laws governing intellectual property, contract law, and other relevant legal frameworks.

Software patents refer to legal protections granted to inventors of new and useful software inventions. In British Columbia, software patents are governed by the Canadian Patent Act and are subject to strict requirements for novelty, non-obviousness, and utility. These patents provide exclusive rights to the inventor to prevent others from making, using, or selling the patented software without permission.

Software protection refers to the legal measures taken to safeguard computer programs and applications from unauthorized use, copying, modification, or distribution. In British Columbia, software protection is governed by intellectual property laws, including copyright, patent, and trade secret laws, which provide legal remedies for infringement and theft of software. Software protection is particularly important in the business, real estate, and technology sectors, where software is a valuable asset and a key component of operations.

Software trade secrets refer to confidential information related to software development, design, or implementation that is not generally known or easily discoverable by others. These secrets may include algorithms, source code, or other proprietary information that provides a competitive advantage to a business. In British Columbia, trade secrets are protected under the Trade Secrets Act and may be subject to legal action if misappropriated or disclosed without authorization.

Statutory compliance refers to the adherence to laws and regulations set forth by the government or other governing bodies. In the context of business, real estate, or technology law in British Columbia, it involves ensuring that all legal requirements are met in order to avoid penalties, fines, or legal action. This includes compliance with tax laws, employment laws, environmental regulations, and other applicable statutes. Failure to comply with statutory requirements can result in serious consequences for businesses, including legal liability, financial penalties, and damage to reputation.

Statutory obligations refer to legal requirements that are imposed by legislation or regulations. In the context of business, real estate, or technology law in British Columbia, statutory obligations may include obligations related to licensing, permits, taxes, environmental regulations, and other legal requirements that businesses must comply with in order to operate lawfully. Failure to comply with statutory obligations can result in legal penalties, fines, or other consequences.

Statutory provisions refer to the laws and regulations that are enacted by the government and are binding on individuals and organizations. In the context of business, real estate, or technology law in British Columbia, statutory provisions may include rules governing contracts, intellectual property, privacy, and other legal matters. These provisions are designed to ensure compliance with the law and protect the rights of all parties involved.

Statutory regulations refer to laws and rules that are created by a legislative body, such as the British Columbia government, to govern specific industries or activities. These regulations have the force of law and must be followed by businesses, individuals, and organizations operating within the jurisdiction. In the context of business, real estate, or technology law in British Columbia, statutory regulations may cover areas such as licensing, safety standards, environmental protection, and consumer protection. Compliance with statutory regulations is essential for avoiding legal liability and maintaining a good reputation in the industry.

Statutory requirements refer to the legal obligations that businesses, real estate professionals, or technology companies must comply with under the relevant legislation in British Columbia. These requirements may include obtaining licenses, permits, or certifications, adhering to specific standards or regulations, and submitting reports or disclosures to regulatory bodies. Failure to meet statutory requirements may result in penalties, fines, or legal action.

Strata bylaws refer to the set of rules and regulations that govern the operation and management of a strata corporation in British Columbia. These bylaws are created by the strata council and are designed to ensure that all residents of the strata complex abide by the same set of rules. Strata bylaws cover a wide range of topics, including the use of common areas, pet policies, noise restrictions, and parking regulations. They are legally binding and enforceable, and violations can result in fines or other penalties.