The third edition of Kevin McGuinness's widely cited treatise on corporate law has been fully updated to take into account the significant degree of legislative development and the enormous expansion of the volume of case law which has occurred since the previous edition was published in 2007. This increase in content has required the text to increase from one volume to three.
Provides comprehensive analysis, clarity and coverage on the gamut of Canadian corporate law topics. The author has introduced new subjects, reorganized chapters, and explored existing topics in greater detail. The full three-volume text has been reworked along more thematic lines:
For comparative purposes, a cross section of the most significant new case law from other important common law jurisdictions – particularly the United States, United Kingdom and Australia – is included in those areas where Canadian law most closely resembles that of the jurisdiction concerned.
New In This Edition
Expanded to 3 volumes. The subjects covered in Volume 3 focus more on the analysis and discussion of shareholders, stakeholders and their rights and remedies; the first volume is foundational in nature, covering such topics as incorporation, corporate personality and taxation and the second volume focuses more on corporate governance issues as well as the law governing the financing of corporation operations (including the process of financial control)
The new edition covers the significant degree of legislative development in the last ten years, particularly the shift towards a more national and co-ordinated approach towards securities legislation as well as the steady spread of the Canadian Business Corporations Act approach to incorporation across Canada
Specifically for Volume 1:
New dedicated chapter on Corporate Personality and its Implications, which examines in greater depth the concept of the legal personality and the limitations which necessarily exist upon a corporation as an "artificial person"
New dedicated chapter on the meaning, extent and qualification of Limited Liability as well as the extent that this concept has spread into other forms of business organizations such as the limited liability partnership and limited liability company
New dedicated chapter on the separate taxation of corporations from their shareholders and the consequences if corporate taxation is properly – or improperly – managed