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MALONE LAW

MALONE LAW

Souris, Prince Edward Island

  • Services
    • Residential Real Estate
    • Commercial Real Estate
    • Corporate & Commercial Law
    • Estate Planning & Administration
  • Team
  • Location & Contact
  • Client Portal

Corporate & Commercial Law

Malone Law provides practical legal advice to business owners across Prince Edward Island.

We work with farmers, fishers, contractors, real estate investors, small business owners, and family enterprises who want straightforward legal guidance grounded in the realities of rural and coastal communities.

Whether you are starting a business, restructuring for growth, or planning a transition to the next generation, we provide clear advice and practical solutions.


Business Formation & Structuring

Choosing the right structure is critical at the outset. We assist with:

  • Incorporations (provincial and federal)
  • Professional corporations
  • Farming and Fishing corporations
  • Holding companies and multi-entity structures
  • Partnerships and joint ventures
  • Share structuring and tax-planning coordination with your accountant

We regularly work alongside PEI accountants and financial advisors to ensure your structure supports long-term succession and tax efficiency.


Shareholder & Partnership Agreements

Many Island businesses are family-owned or operated by close partners. Clear agreements protect both the business and the relationships behind it.

We prepare and advise on:

  • Shareholder agreements
  • Buy-sell provisions
  • Succession and transition planning
  • Dispute resolution mechanisms
  • Minority shareholder protections

Our goal is to prevent future disputes by addressing issues before they arise.


Purchase & Sale of Businesses

Buying or selling a business is one of the most significant transactions an owner will undertake.

We assist with:

  • Asset purchase agreements
  • Share purchase agreements
  • Due diligence
  • Vendor take-back financing
  • Commercial lease assignments
  • Transition and non-competition arrangements

We act for both buyers and sellers throughout PEI, ensuring transactions are structured properly and closed efficiently.


Agricultural & Family Farm Transactions

Agriculture remains central to Prince Edward Island’s economy. We advise on:

  • Incorporation of family farms
  • Intergenerational farm transfers
  • Land and asset rollovers
  • Farm reorganizations
  • Succession planning in coordination with estate planning

We understand that farm transitions are not only legal transactions — they are family decisions that require careful planning.


Fishing Enterprises & Fleet Transfers

Prince Edward Island’s fishing industry is built on family enterprises and community relationships. We assist fishers and fishing families with:

  • Purchase and sale of fishing enterprises
  • Vessel purchase agreements
  • Share sales of fishing corporations
  • Business succession planning
  • Structuring transitions to the next generation

We understand the practical and regulatory considerations involved in transferring fishing operations and work to ensure transactions proceed smoothly and securely.


Commercial Contracts & Ongoing Advisory

Businesses require ongoing legal support beyond major transactions. We assist with:

  • Commercial contracts and service agreements
  • Contractor and subcontractor agreements
  • Joint venture arrangements
  • Corporate reorganizations
  • Annual corporate maintenance and record keeping

We aim to build long-term relationships with our business clients, serving as trusted advisors as their operations evolve.


Our Approach

Malone Law is rooted in the Island community. We provide:

  • Practical, plain-language advice
  • Responsive and efficient service
  • Realistic solutions tailored to PEI’s business landscape

We understand that in smaller communities, reputation matters, relationships matter, and deals must make sense not just on paper — but in practice.