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Corporate Law Definition

Corporate law deals with the formation, governance, and operations of corporations and how shareholders, directors, employees, creditors, and other stakeholders interact with a corporation and one another. Corporate law includes the laws governing the incorporation, dissolution, and registration of corporations; Canadian corporations may be formed under federal or provincial laws that govern and permit the formation and registration of corporations within their respective jurisdictions. Corporate lawyers are expected to be familiar with all of the issues a corporation and its stakeholders are likely to face, providing strategic advice on business transactions such as acquisitions and dispositions, corporate finance, joint ventures and partnerships, plans of arrangement and amalgamations, management buyouts, and reorganizations.

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