Shareholders’ Agreements: Zeubear Investments Ltd. v. Magi Seal Corporation 2010 ONCA 825 (December 7, 2010), a decision of the Ontario Court of Appeal, is a reminder to pay close attention to the potentially different interpretations in  “shotgun clauses”. Shotgun clauses are generally inserted in shareholders’ agreements as an exit provision.  One party offers to purchaseContinue reading “Shareholders’ Agreements: parties to “Shotgun” Clauses Could be in for a Shock”