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Old 07-24-2005, 09:13 PM  
mkx
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Join Date: Nov 2003
Location: Toronto
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It is definately a legal structure as long as it isn't set up while major debt starts to occur or for fraudulent purposes. I know how the holding company structure works but my main concern is having only 2 or 3 shareholder's all holding less than 49% of the shares of the holding company so it is protected against a company going after a shareholder for whatever reason and taking assets of the corporation other than the shares. I already consulted my lawyer on this but its good to have a second and third opinion.

Last edited by mkx; 07-24-2005 at 09:15 PM..
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