British Columbia Company Law Practice Manual

Practice Point

From incorporation to dissolution: Every step of every transaction under the Business Corporations Act and Societies Act.

This publication is essential for: lawyers looking for guidance on requirements and transactions under the BC Business Corporations Act and Societies Act.

The lengthy and complicated requirements of the BC Business Corporations Act and Societies Act demand a comprehensive resource. British Columbia Company Law Practice Manual is your manual on navigating and keeping your clients compliant under both Acts. Focused on practice and procedure, this resource follows the structure of the Acts and maps out every step of every transaction from incorporation and meetings to amalgamations and dissolution.  For each transaction, you will find commentary, explanations, and leading case law curated by leading BC corporate law practitioners.

With this resource, you will be able to:

  • advise your clients on the propriety of their Business Corporations Act and Societies Act transactions and filings
  • save time researching wording and developing transaction documents with over 125 forms and precedents
  • keep abreast of the latest developments in corporate law and procedures

Buy your copy and be corporate law compliant today!

Features of the publication

  • complete set of forms and precedents
  • checklists
  • regular updates
  • tables of cases, statutes, and references
  • comprehensive index
  • convenient looseleaf format with tab indexing
  • online access to electronic version with hyperlinks to primary law

Highlights of the 2019 update

  • Canada Business Corporations Act ISC Register
  • Business Corporations Act transparency register (not yet in force) and precedent
  • TOSI rules and effect on dividend sprinkling and discretionary dividends
  • BCA benefit companies (not yet in force)
  • expanded discussion of uncertificated shares
  • BCA replacement of bearer share certificates (not yet in force)
  • expanded discussion of alterations to the notice of articles and authorizing resolutions
  • expanded discussion of omnibus resolutions for alterations to authorized share structure or shares
  • discussion and practice tip on considering an application for restoration where service on the government is contemplated pursuant to the Escheat Act
  • forthcoming incorporation of Manitoba into the New West Partnership Trade Agreement
  • expanded discussions of arrangements:
    • fairness opinions
    • interim orders
    • orders where assets and liabilities transfers are contemplated
    • dissent rights
  • SCC approach to rectification remedy for shareholders
  • expanded discussions of societies:
    • SCC and BCSC approaches to member complaints (oppression)
    • directors’ functions
    • conflicts of interest
    • changes to AGM requirements
    • remedial orders to correct defects
  • 16 new precedents for societies
  • detailed discussion of Civil Resolution Tribunal jurisdiction over societies and co-operatives, CRT rules, and procedure

Editorial Board

Megan A. Filmer — Davis LLP, Vancouver
John P. Ferber — Miller Thomson LLP, Vancouver
Professor Bruce W. MacDougall — Faculty of Law at Allard Hall, University of British Columbia, Vancouver

Authors

Michael Coburn — Fasken Martineau DuMoulin, Vancouver
Geoffrey Bird — Aydin Bird, Vancouver
Glynnis Morgan — McCarthy Tétrault, Vancouver
Abdullah Abunafeesa — Legal Counsel, Hootsuite, Vancouver
Cheri R. Bocking — Vancouver
Karla Maria Ramirez — Deputy Registrar,  BC Public Service, Vancouver
John T.C. Christian — Cassels Brock & Blackwell LLP, Vancouver
Peter D. Fairey — Gowling Lafleur Henderson LLP, Vancouver
Thomas P. Fellhauer — Pushor Mitchell LLP, Kelowna
Megan A. Filmer — Davis LLP, Vancouver
Mary N. Childs — Miller Thomson, Vancouver
Debra Finlay — McCarthy Tétrault LLP, Vancouver
Graeme D. Martindale — Borden Ladner Gervais LLP, Vancouver
Steve Warnett — Borden Ladner Gervais LLP, Vancouver
Aaron B. Singer — Clark Wilson, Vancouver
Debbie Blyth — Manager, Registries Program, Vancouver
Cameron Wulff— Team Lead, Registries Program, Vancouver
Dierk Ullrich — Fasken Martineau DuMoulin LLP, Vancouver
Megan A. Filmer — Davis LLP, Vancouver
John P. Ferber — Miller Thomson LLP, Vancouver
Professor Bruce W. MacDougall — Faculty of Law at Allard Hall, University of British Columbia, Vancouver
Sinead O’Callaghan — Cooke, Young & Keidan, Vancouver
Brian E. Vick — Miller Titerle + Company LLP, Vancouver
Darrell J. Wickstrom — Fasken Martineau DuMoulin LLP, Vancouver
Barbara G. Wohl — Gowling WLG, Vancouver

Volume 1

Chapters
1. Introduction
2. Applicability of the Securities Act
3. Corporate Names
4. Incorporation and Organization
5. Shares
6. Corporate Governance
7. Corporate Finance
8. Ordinary Corporate Procedures
9. Special Corporate Procedures
10. Capital Alterations
11. Amalgamations
11A. Arrangements
11B. Compulsory Acquisitions and Disposal of Undertaking
11C. Continuations
12. Dissolution and Restoration
13. Extraprovincial Companies
14. Shareholder Rights, Remedies, and Proceedings
15. Shareholders’ Agreements
16. Transition
17. Corporate Registry Information
18. Societies

Volume 2

Checklists

Forms and Precedents
Applicability of the Securities Act
Corporate Names
Incorporation and Organization
Shares
Corporate Governance
Corporate Finance
Ordinary Corporate Procedures
Special Corporate Procedures
Capital Alterations
Amalgamations, Reorganizations, and Continuations
Dissolution and Restoration
Shareholder Rights, Remedies, and Proceedings
Post-restoration Transition

Legislation
Table of Concordance

Business Corporations Act Forms
Tables
Case Table
Statute Table
References
Index

Thomas Fellhauer“The BC Business Corporations Act (BCA) has significant differences from the corporate legislation in other Canadian jurisdictions. Also, while relatively comprehensive, the BCA includes gaps and provisions that are uncertain or do not coincide perfectly with other statutes such as the Income Tax Act. CLEBC’s British Columbia Company Law Practice Manual helps you to understand the BCA’s unique features and make sense of the legislative gaps, while providing practical solutions for the uncertainty in the BCA.”

~ Thomas Fellhauer, Partner, Pushor Mitchell LLP