The importance of documenting shareholder loans (Ontario)

Shareholders often overlook the need to properly document loan advances in their haste to provide funds to the company, without being aware of the significant consequences that can result.

Filed under:
Canada, Ontario, Banking, Insolvency & Restructuring, Litigation, Gowling WLG, Shareholder, Interest, Unsecured creditor
Authors:
Sean Morrison
Location:
Canada
Firm:
Gowling WLG