Following the financial scandals of recent years, more and more lawsuits are instituted against corporate directors; hence: a scarcity of candidates for these positions. Corporate directorship can be a fascinating and prestigious occupation, but it nonetheless remains a potential risk and may lead to important consequences.

A recent CBC (Canadian Broadcasting Corporation) news report declared: "Canadians could be subjected to the application of the American USA Patriot Act". Another CBC news report declared on May 16th 2006: "Canadians under American scrutiny".

A business acquisition transaction often implies several considerations. Although the seller normally provides the buyer with various attestations concerning the property title to be transferred, the buyer should consider a due diligence period to protect himself from future litigations, as well as to secure his property title and the accuracy of the offered purchase price.

When the business is embodied by a corporation whose shares are held by an individual, and when a capital gain ensues from the sale of that business, the selection of the transactional vehicle to be used (that is, whether through a sale of shares or a sale of assets), becomes a major issue in the negotiations between the parties.