This section keeps you up-to-date on the latest news and upcoming public appearances of Lavery professionals.
News
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In memory of Pierre M. Lepage
All of Lavery’s partners, associates and personnel would like to pay homage to the memory of Pierre M. Lepage, who passed away last March 26.Called to the Quebec Bar in 1976, Mr. Lepage built an outstanding reputation in both commercial litigation and banking law. He was a much sought-after lawyer renowned for his expertise and deep knowledge and understanding of restructuring and insolvency law, representing as he did financial institutions, companies in financial difficulty, as well as accounting firms specializing in business recovery and insolvency.The author and creator of numerous legal courses offered by the Institute of Canadian Bankers in collaboration with various Canadian universities, Mr. Lepage also distinguished himself as a lecturer in banking law at the Université de Montréal and the École des Hautes Études Commerciales.He was more than just a colleague to Lavery members. He was an exceptional teacher and acted as a mentor to several members of the firm. His clients appreciated his genius for finding simple and practical solutions to problems that seemed insoluble. A persuasive and respectful man with a gift for writing and a sense of humour all his own, he was considered by many as a friend. He will be truly missed by all of the firm’s members and clients.On behalf of the entire team at Lavery, we wish to extend our deepest sympathies and heartfelt condolences to his family and friends.
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Lavery and PwC hold a cocktail on Plan Nord
René Branchaud, Lavery partner and coordinator, Business Law, and Nochane Rousseau, partner and leader, Mining and PwC’s Plan Nord Initiative, invited the executives of business organisations in the mining industry to attend a cocktail focused on information and networking pertaining to Plan Nord, last Tuesday March 21. M. Charles Riopel, Investment Director at Investissement Québec, spoke before an audience of over 50 people who attended the event at the Lavery Conference Centre.From left to right : René Branchaud, Lavery, Charles Riopel, Investissements Québec and Nochane Rousseau, PWC
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Michel Servant invited to preside the Prix Relève d’Excellence 2012 Committee of Réseau HEC Montréal
Michel Servant, a partner at Lavery, will be the President of the Prix Relève d’Excellence 2012 Committee of Réseau HEC Montréal. This competition recognizes the professional success of HEC’s graduates, aged 35 and under, in four different classes: Large Enterprises, Small and Medium Enterprises (SME), Entrepreneurs and Young Professionals. The prize-winners are selected by a jury of experienced business people.This event will take place as a Gala-Breakfast on Friday, May 11, 2012, at the Centre Sheraton Montréal. It will be the 27th anniversary of the Prix Relève d’Excellence in 2012 and Jacques Daoust, HEC 72, President and Chief Executive Officer of the new Investissement Québec, created with the merger of Investissement Québec and Société générale de financement du Québec, will be the Honorary President. Investissement Québec’s mission is to foster the growth of investment in Québec.HEC Montreal is the first business school in Canada and arguably Canada’s leading business school with over one hundred years of history and three international accreditations.
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Josiane L'Heureux and Élodie Brunet co-sign an Article in the Janary/February Issue of Industrie et Commerce
Josiane L’Heureux and Élodie Brunet, respectively Partner and Associate at Lavery, have co-authored an article entitled “La responsabilité accrue des administrateurs à l’égard des cotisations impayées à la Commission de la santé et de la sécurité du travail”, published in the Industrie et Commerce magazine. In this article, Mss. L’Heureux and Brunet explain that since January 1st, 2011, if a body corporate fails to pay its premiums to the Quebec worker's compensation, health and safety board (CSST), any member of the Board could be personally held responsible for the unpaid premiums, including penalties and interests. However, the authors specify that the bill makes provisions for the exemption of administrators who can prove that they have exerted a reasonable degree of care, diligence and skill in the circumstances.To read the article (available in French only), click here.
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Dina Raphaël is invited to speak at a conference about the online sale of damage insurance products, in the context of the “Journée de l’assurance de dommages 2012” (Day of damage insurance 2012)
Dina Raphaël, a partner in the firm’s Litigation Group, was a guest speaker for a lecture on the online sale of damage insurance products, March 15. The presentations, which were held in the context of the “Journée de l'assurance de dommages 2012” (Day of damage insurance 2012), mainly intended to clarify the issues raised by the online sale of damage insurance in the absence of a regulatory framework.
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Jean Saint-Onge is the organizer and moderator of the Quebec Bar’s Continuing Education Seminar, on the theme of Class actions
Once again, Jean Saint-Onge, partner at Lavery, is the organizer and moderator of the Continuing Education Seminar of the Quebec Bar, which this year is called “Class Actions: Recent Developments in Québec, in Canada and the United States”. The event, which is to be held March 15th and 16th at the Palais des Congrès de Montréal, features no less than 35 speakers from several jurisdictions in North America. Anne-Marie Lévesque, also from Lavery, will do a presentation on recent class action judgments in Québec.
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Bernard Larocque and Jonathan Lacoste-Jobin hold a conference on the 2011 jurisprudence on insurance matters
Bernard Larocque and Jonathan Lacoste-Jobin held a conference on the Annual review of the 2011 jurisprudence on insurances matters on February 22, 2012 with members of the Canadian Insurance Claims Manager Association (CICMA). The presentation was held at the VIP Centre of the 1000 de la Gauchetière in Montreal and more than 60 participants were present.
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Lavery represents Industrial Alliance in $250 million offering of 4.75% fixed/floating subordinated debentures
On December 14, 2011, Industrial Alliance Insurance and Financial Services Inc. closed a public offering of 4.75% Fixed/Floating Subordinated Debentures for gross proceeds of $250.1 million. The subordination debentures were offered on an agency basis by a syndicate of dealers led by RBC Dominion Securities Inc. and TD Securities Inc., including BMO Nesbitt Burns Inc., Scotia Capital Inc., CIBC World Markets Inc., National Bank Financial Inc., Casgrain & Company Limited and Industrial Alliance Securities Inc. Industrial Alliance was represented by a team from Lavery consisting of Marc Rochefort, Michel Servant, Guillaume Lavoie and Geneviève Fournier (corporate and securities), and Philip Nolan (tax). Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company with operations in all regions of Canada as well as in the United States.
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Alexandre Despatie Makes a Dramatic Comeback on his Road to the Olympics
Lavery extends its warmest congratulations to Alexandre Despatie for his spectacular return to the centre stage of international competitive diving. Lavery is delighted with his results at the World Cup diving event in London and particularly with his bronze-winning performance in the men’s individual three-metre event after almost a one-year absence from the sport. “For the past four years, we have supported Alexandre Despatie because he is a passionate, hard-working, honest and proud competitor. He is now definitely on his way to the London Olympics in July and Lavery’s entire team will be rooting for him along his entire journey,” declared Managing Partner, Élise Poisson. These latest results are just part of an exceptional career, not only in his discipline, but in all of sport.
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Pierre-L. Baribeau Appointed to the Board of the CHUM
As of January 23, Pierre-L. Baribeau, partner at Lavery, has become a member of the Board of Directors of the Centre hospitalier de l’Université de Montréal (CHUM), the largest francophone university medical center in North America.Mr. Baribeau was recently elected Administrator and Secretary of the Board of Directors of the Quebec Lung Association as well as Administrator of the Board of Directors of the Canadian Lung Association, representing Quebec and he is also Administrator and President of the Board of Boscoville 2000, Administrator and Secretary of the Foundation of l'Hôpital du Sacré-Cœur de Montréal, Administrator of the Corporation of Catholic Entities Party to the Indian Residential School Settlement (CCEPIRSS), and Secretary of the Board of the Canadian corporation Moving Forward Together.
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Lavery represents the syndicate of underwriters in the $143.7 million bought deal financing of units of Cominar Real Estate Investment Trust
On December 22, 2011, Cominar Real Estate Investment Trust closed a public offering of 6,594,100 units for gross proceeds of $143.7 million. The Units were sold to a syndicate of underwriters led by National Bank Financial Inc. and BMO Nesbitt Burns Inc., including Desjardins Securities Inc., RBC Dominion Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., Canaccord Genuity Corp. and Macquarie Capital Markets Canada Ltd. The syndicate of underwriters was represented by a team from Lavery consisting of Marc Rochefort, Michel Servant, Guillaume Lavoie and Geneviève Fournier (corporate and securities), and Philip Nolan (tax). Cominar is the largest commercial property owner in the Province of Québec.
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Lavery Represents the Syndicate of Underwriters in the $112 Million Bought Deal Financing of Units of Cominar Real Estate Investment Trust
On October 20, 2011, Cominar Real Estate Investment Trust closed a public offering of 5 207 000 units for gross proceeds of $112 million.The Units were sold to a syndicate of underwriters led by National Bank Financial Inc. and BMO Nesbitt Burns Inc., including RBC Dominion Securities Inc., Desjardins Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., Canaccord Genuity Corp. and Macquarie Capital Markets Canada Ltd.The syndicate of underwriters was represented by a team from Lavery consisting of Marc Rochefort, Michel Servant and Guillaume Lavoie (corporate and securities), and Philip Nolan (tax).Cominar is the largest commercial property owner in the Province of Québec.