This section keeps you up-to-date on the latest news and upcoming public appearances of Lavery professionals.
News
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Lavery involved in the construction of the new Île-aux-Tourtes bridge
Following a qualification process, the Ministère des Transports et de la Mobilité durable du Québec (MTMD) issued a call for tenders in 2022 for the construction of the new Île-aux-Tourtes bridge pursuant to the project delivery method known as design-build-finance (DBF). Since this was a DBF, the financing of this project had to be included in the proposals made by the selected candidates. Lavery represented the successful consortium made up of Dragados Canada Inc., Roxboro Excavation Inc. and Construction Demathieu & Bard Inc. Our role required expertise in the following areas: (a) Governance and corporate law (b) Project financing (banking and securities) (c) Public procurement (d) Construction law (e) Commercial agreements (f) Taxation Lavery represented the consortium from the call for proposals to the financial close, including the drafting phase leading up to the awarding of the contract to the consortium. The financing was the most complex part of this transaction. Under the hybrid approach retained for that project, a major credit facility to be granted by a bank syndicate had to be set up, as well the private placement of two tranches of bonds. This involved adjusting the rights and obligations of creditors on both sides within a sophisticated intercreditor agreement. The financing also required parent company guarantees, including from French and Spanish corporations, which required us to find common ground to accommodate the typical requirements of a North American financing and the specific corporate and commercial features applicable in France and Spain. To meet this challenge, we put together a multidisciplinary team, divided up the work in accordance with our professionals’ diverse expertises, and dedicated a team member exclusively to interactions with the MTMD, its lawyers and the issuers of performance bonds typical for this kind of projects. Sound project management practices were essential to the success of this team effort. It is a privilege for Lavery to have participated in this essential project allowing the people of Quebec to obtain a new bridge linking the regions of Montérégie and Montréal. The Lavery team was led by Josianne Beaudry, Nicolas Gagnon, Édith Jacques, David Tournier and André Vautour, and included Véronik Bonneville-Pesant, Katerina Kostopoulos, Jean-François Maurice, Joseph Gualdieri, Siddhartha Borissov-Beausoleil, Alexandre Turcotte, Luc Pariseau, Charles Hugo Gagné, Mickaël Pageau, Jean-Vincent Prévost-Bérubé and Yohann Lévy.
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Lavery assists Agile MV Inc. in the sale of all of its shares to Resonetics
On June 13, 2022, Resonetics announced the purchase of the entirety of the shares of Agile MV, a Montréal-based medical device design and development contract manufacturing company. The transaction was motivated by the quality of expertise that Agile MV's team of engineers, scientists, and technicians possess throughout the entire production cycle, from initial concept consolidation to mass production. Our partner, Audrey Gibeault, had the privilege of representing the company in this major transaction that involved complex tax planning, among other things. In business law, this transaction was led by our partner Étienne Brassard. Ms. Gibeault and Mr. Étienne Brassard were mainly assisted in this transaction by Gabrielle Ahélo. They were assisted by Luc Pariseau, Sonia Guérin, France Camille De Mers, Brittany Carson, Éric Gélinas, André Vautour, Michael Pageau, Maxime Chabot and Charles-Hugo Gagné. —Agile MV is a Quebec-based medical device design and development contract manufacturing company. It specializes in the development of minimally invasive diagnostic and therapeutic medical devices in the following areas: cardiac electrophysiology, interventional cardiology, interventional radiology, interventional pulmonology, interventional gastroenterology, interventional pain management and interventional neurology.Resonetics specializes in advanced engineering and manufacturing solutions for the life sciences industry, laser cutting, centerless grinding, nitinol processing, thin-wall stainless steel and precious metal tubing, photochemical machining, microfluidics, sensor solutions and medical energy.
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Lavery announces the hiring of two new lawyers
Lavery is pleased to announce that two lawyers are joining the firm, in the Montreal office. Charles-Hugo Gagné Charles-Hugo is a lawyer in the Business Law group and a member of the firm’s tax law team. In the course of his practice, Charles-Hugo participates in planning, analyzing and implementing tax structures and strategies as part of major commercial transactions, both in Canada and abroad. “Both local businesses and international companies turn to Lavery when they need solutions to their most complex issues. For a young lawyer, this translates into a remarkable diversity of mandates and makes it possible to work on major cases while staying grounded in the business reality of entrepreneurs. It is this plurality of exposure combined with the partners’ commitment to the advancement of their junior peers that convinced me to join Lavery. Such proximity to exceptional mentors fosters better transmission of knowledge, forges more competent lawyers and ultimately makes the firm stronger.” When I joined this team, which places great emphasis on competence and excellence but values collegiality and collaboration just as much, I immediately knew that I was in the right place and that I aspired to grow within Lavery. When starting a career, it’s important to surround yourself with accomplished professionals, but also with people who inspire you. That’s what I found at Lavery. Stephanie-Ann Morgan Stephanie-Ann is a member of the firm’s Business Law Group, and her practice focuses primarily on real estate, transactional and financing law. She represents owners, financial institutions, government entities, landlords and tenants in purchasing and selling, real estate financing and leasing transactions. “I was looking for a stimulating professional environment that values collaborative work and individual initiative. Working at Lavery Lawyers will be an opportunity to contribute to a large firm with a long-standing reputation in the legal industry and to be able to serve a diverse and prominent client base.”