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Advance Notice By-Law 2.0
Advance notice by-laws are a long-standing, commonly accepted corporate governance tool in Canada.
Smart contracts are receiving significant attention from businesses across a broad range of industry sectors, and for good reasons. Smart contracts, when used in conjunction with distributed ledgers and blockchains, have the potential to:
- Deliver costs savings by streamlining back office processes
- Verify identity and certify transactions
- Provide an indelible record of transacting history
- Enable strangers to trade directly with each other without the need for a trusted third party intermediary
- Automate buy, sell and supply transactions on a B2B and B2C basis, including in combination with the internet of things
Our global technology team have created a guide entitled Smart Contracts: coding the fine print to address some of the legal, regulatory and commercial issues relating to smart contracts. The guide also considers the potential impact of smart contracts on various industry sectors, outlines the nature of smart contracts and examines potential obstacles to their uptake.
To discuss any of the issues or request a copy of the guide, please get in touch with us.
Preview
Please download an excerpt from our global Smart Contracts guide.
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More termination clause drama in Ontario
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Canada’s Advanced Examination for Green Technologies
With the suspension of the USPTO’s Climate Change Mitigation Pilot, the Canadian Advanced Examination for Green Technologies mechanism can be used to accelerate examination for a corresponding Canadian application, which can then generate a work product usable for expediting examination in various patent offices around the world using the Patent Prosecution Highway (PPH), reducing the time from patent application filing to grant.
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