The Chief Executive of the U.S. Chamber of Commerce in Washington recently raised the specter of Canada becoming a “keystone” country whose “favourable foreign–judgment enforcement standards could be used by Plaintiffs in an abusive strategy to collect upon questionable mega-judgments obtained in foreign jurisdictions”.
This presentation was given by Vincent Piazza during the Cross Canada Legal Panel. It focuses on equity and fairness in real estate evaluation and taxation in Québec. (Available in English only)
Imagine that the syndic of your professional order contacts you and requires you to send him information and documents pertaining to an inquiry that he is conducting about you. You need to know the level of cooperation required of you, how the syndic will conduct his inquiry and the implications of that inquiry. This is a crucial stage that could have repercussions for you professionally.
In a landmark decision of the Québec Court of Appeal in the matter of the Bankruptcy of Doorcorp Installations Inc., a common sense approach was reintroduced in determining whether money advanced by a shareholder to a company should be treated as a regular unsecured claim or be deferred and ceded priority to other unsecured creditors when it came to the distribution of proceeds of liquidation of a bankrupt company.
The resounding success of several types of franchises, and in particular fast-food franchises, continues to spark the interest of entrepreneurs and financial institutions. The franchise concept also meets several criteria of people who want to start up a business with little experience.
Lawyers involved in IP disputes are generally excellent negotiators of settlements. So why call upon another professional, a “Mediator”, to facilitate a settlement? Isn’t that akin to bringing in another litigator to argue the case?
De Grandpré Chait proudly presents its 2011 Annual Review, highlighting various client accomplishments over the past year.
The Interest Act (Canada) is federal legislation that applies across Canada. Until now, mortgage loans with maturity dates exceeding five years could be repaid with a penalty of three months' interest pursuant to Section 10, unless the grantor of the mortgage is a joint stock company or other corporation or the financing is structured by the issuance of a debenture by a joint stock company or other corporation.
Since Fall 2011, the Office Québécois de la langue française (“OQLF”), which has the mandate to enforce the Charter of the French Language (“Charter”), has launched a francization campaign to push merchants to increase their compliance with the Charter’s provisions in their public signage. The purpose of this article is not to debate the validity of the OQLF’s interpretation of the Charter, but aims to inform about this new campaign and its implications for businesses operating in Québec.