Canada, the U.S.’ neighbor to the north, is a top destination for business investment and is our biggest trading partner. As M&A and transactional activity saw record increases in the last few years, corporations heavily relied on their law firms and attorneys to help get the deal done.
For attorneys with clients transacting internationally, conducting due diligence in an unfamiliar jurisdiction can be challenging.
While there are many similarities between the U.S. and Canada, attorneys and legal professionals must understand the nuances, especially between provinces and territories.
To assist clients in making sound investment decisions abroad, attorneys and legal professionals must navigate the country’s legal system, institutional infrastructure, and local rules and regulations about foreign corporate investments.
If you’re assisting your clients with transactions in this jurisdiction, check out our guide to conducting due diligence in Canada.
With a focus on lien, litigation, and bankruptcy, the guide explores:
- FAQs about lien filings and searches
- How Canada’s Personal Property Security Act (PPSA) lien filing system works
- Tips for conducting litigation and bankruptcy searches
- The terminology used for commonly requested documents in Canada
