NUANS stands for Newly Updated Automated Name Search. NUANS is a sophisticated search engine that searches over 8,000,000 records of corporation names, trademarks and business names.
A legal entity established by legislation such as the Alberta Business Corporations Act. A corporation is separate and apart from its shareholders and is capable of owning the assets of a business. Another key feature of a corporation is the limited liability of its shareholders. Most corporations are for profit, but there are also specialized…
A written law passed by a legislative body.
Formal corporate documents filed with a government body, such as Service Alberta. In Alberta, Articles of Incorporation must contain information specified by the Business Corporations Act, such as the classes and maximum number of shares the corporation may isssue, the number of directors, and restrictions on share transfers.
A neutral person who assists people who are involved in a conflict reach an agreement to bring the conflict to an end.
A formal hearing before a judge, involving the examination of the facts and the law related to a dispute, in order to determine who is responsible and how a party should be compensated.
An informal hearing between the parties and a Judge. Each party is given an opportunity to set out their position and attempt to reach a solution. If the parties cannot settle the matter then the Judge will direct it to trial and issue pre-trial orders, as may be necessary.
An informal opportunity for parties to resolve a dispute by reaching an agreement with the assistance of a mediator. Both parties are given an equal opportunity to present their side with the assistance of a neutral mediator.
A share represents specific rights in a corporation, such as to vote at shareholders meetings, and to receive dividends. The rights associated with a share are defined by legislation, such as the Alberta Business Corporations Act and a corporation’s constating documents. Contrary to popular belief, a share is NOT a property interest in a corporation’s…
Property owned by a person or company. Assets have value and can be used to meet debts or other commitments.
