LEGAL EXPERTISE YOU CAN BANK ON
Kim Johnson and Rob Millar assist a wide range of business clients in making arrangements for the capital financing necessary for business development and operations. We advise our clients on a broad range of financing methods, including debt (bank or private lending, secured or unsecured, convertible debt, debenture-backed instruments), and equity (common or preferred shares, warrants, options and other rights or privileges), as well as applicable securities law.
Success in attracting business financing and putting it to productive use often is tied to strong planning and appropriate and complete documentation adapted to the particular situation – Kim and Rob work with their many business clients to ensure the needed components are in place to complete the financing and turn the management team loose to actualize the business plan. This generally starts with a workable business plan from which the other agreements are derived (shareholders agreement, participation agreement for management, etc.) that address critical success factors of the underlying business.
Equity financing and some types of debt financing require consideration of applicable securities laws. Kim Johnson has considerable experience with available securities exemptions (“Exempt Securities”), and with preparing the documents necessary for a corporate finance program to be eligible for and comply with the requirements of an exemption: the offering memorandum, the subscription agreements, and post-investment compliance reports to the BC Securities Commission.
Kim’s and Rob’s clients include Venture Capital Corporations and Eligible Business Corporations as defined under the BC Venture Capital Tax Credit program, and they have helped such clients align their corporate structure and articles, and the terms of their corporate financing programs, to qualify for these attractive tax credits.
Business Development is a preferred area of practice for Kim and Rob. Business planning and strategic considerations form an integrated part of our advice to growing businesses. We are at management’s elbow to provide timely and useful guidance from a legal perspective on important business development decisions and strategies. For example, they prepare non-disclosure agreements to facilitate strategic discussions between arm’s length parties. The terms of a Letter of Intent (LOI) or Expression of Interest (EOI), can often be just as important as the final agreement itself, as this sets the stage for ongoing negotiations. Kim can assist with the entire process from due diligence to a final acquisition or divestiture.
We work with clients to make things happen in their business or venture, or to give effect to important personal and financial objectives.