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Crown Forest Utilization – Shareholder Agreements used with Sustainable Forest Licences (cont’d). – Part 3
- 2-19-2020
- By Pilot Law LLP
As part of the process of putting in place a Sustainable Forest Licence having multiple participants, the participants themselves enter into a shareholder agreement, setting out their respective rights and obligations vis-à-vis one another, as shareholders of the licensee, including their respective rights to share the benefits arising from harvesting timber on the Crown…