Commercial
Baker Newby LLP has always had an especially strong commercial practice. For decades we have represented thousands of individuals and businesses (large and small) in their commercial transactions. Today, starting a new business takes more than an entrepreneurial spirit, it often involves complex legal and accounting issues. We assist clients in deciding how best to set up their businesses, be it by way of a proprietorship, partnership, limited company, or other entity, and document their decision accordingly.
When buying or selling an existing business numerous legal matters need to be attended to in order to protect the buyer or the seller. We have a great deal of experience in acting on purchases and sales of all kinds of businesses whether the purchase is of assets or of company shares. We can attend to conducting all the necessary due diligence searches required to protect a purchaser, dealing with the parties' accountants on price allocation and tax matters, documenting the transaction and reviewing and advising on related matters such as incorporation, leases and franchise agreements.
We have a wealth of experience in dealing with commercial tenancy matters. We have acted for large shopping centres (including some of the largest in the Lower Mainland), for developers constructing and leasing commercial or industrial space, and for all types of individuals and corporate business tenants. Advising clients on leases so as to provide landlords with the best possible protection or to ensure tenants don't over-commit themselves requires expert knowledge which we possess.
The franchise has become a common way to conduct business. At Baker Newby LLP we have advised clients on how to franchise their businesses as well as on purchasing franchise outlets. By understanding this method of doing business, we are able to help our clients benefit from franchising by protecting their interests, thereby saving them time and money.
Modern commercial transactions can involve many different types of contracts and areas of the law. Our experience in these related areas of the law allows us to assist our commercial clients with their transactions involving real estate, corporate law or financing. A commercial transaction which includes incorporating a company in a particular fashion for tax reasons, acquiring land and obtaining bank financing requires expert legal advise. We have lawyers trained and experienced in all these areas and can therefore provide our clients with a complete package of commercial legal assistance.
On occasion businesses require litigation assistance to sort out problems which may arise, perhaps in settling disputes with other parties to a transaction, enforcing a contract or dealing with breaches of warranties and representations. Our commercial litigation department can provide any such assistance our clients might require.
Businesses need all the advantages they can get in order to prosper in today's economy. We believe that the excellent, service-oriented legal advise Baker Newby LLP provides gives our clients one more such advantage.