CLE Online

Welcome and Introduction

Bill S. Maclagan, QC — Blake, Cassels & Graydon LLP, Vancouver

What is a Partnership?

• relationship theory vs. entity theory
• whose assets are they? whose debts?
• general partnerships
• limited partnerships
• limited liability partnerships

Shauna Towriss — Clark Wilson LLP, Vancouver

General Partnerships

• strategic considerations in forming partnerships
• rights, liabilities, and relationship between general partners
• practical tips on drafting partnership agreements
• ownership of assets and assignment of debts
• opinion matters
• practical implications of dealing with partnerships

Stephen Curran — McCarthy Tétrault LLP, Vancouver 

Networking Break

Limited Partnerships

• what is a limited partnership?
• how do you form a limited partnership?
• the rights, duties, and liabilities of the general partner and limited partners
• ethical issues that arise when taking instructions
• drafting tips for limited partnership agreements

Alison Oxtoby — Entrust LLP, Kelowna

Joint Ventures

• what is a joint venture?
• when to use one
• contractual joint ventures and corporate joint ventures
• negotiating and drafting agreements

Jason T. Sutherland — DuMoulin Black LLP, Vancouver

Networking Lunch

Partnership Taxation

• tax differences between joint ventures and partnerships
• tax aspects of different types of partnerships (general, LP’s, and LLP’s)
• strategic tax considerations
• red flags and when to seek tax advice
• comparison with ULCs and LLCs

Parveen B. Karsan — Koffman Kalef LLP, Vancouver

Networking Break

Insolvency Issues in Partnerships

• how a partnership becomes subject to the Bankruptcy and Insolvency Act
• the effect of bankruptcy proceedings on both the partnerships and partners
• the different rules that apply to general partnerships and limited partnerships in terms of how creditors are dealt with
• reorganizations of partnerships

Peter L. Rubin — Blake, Cassels & Graydon LLP, Vancouver

First Nations Partnerships

• unique aspects and considerations for First Nation partnerships
• internal First Nations business structures and partnerships
• project proponent context
• joint venture context
• First Nations lands context

Michael J. McDonald — DLA Piper (Canada) LLP, Vancouver