In order to reduce the current 24 to 30 months delay for the issuance of the first examiner’s report on trademark applications, the Canadian Intellectual Property Office (“CIPO”) has announced new practice notices with respect to Requests for expedited examination and new Measures to improve timeliness in examination of trademark applications. In an effort to […]

On April 6, 2021, in Bank of Nova Scotia v. Davidovit, the Québec Court of Appeal confirmed the validity of the clause in a contract of personal guarantee (or suretyship) for a commercial loan which provides that the guarantor is liable for the legal fees incurred by the creditor to collect from the debtor or […]

The resolutory right is a common guarantee withing the framework of the balance of sale price during an acquisition. It is often used to secure a non-monetary obligation of the buyer. This right is granted to the seller and gives him the right to request the resolution of the sale of an immovable in the […]

On June 3, 2021, the Government of Québec passed its Bill 78 An Act mainly to improve the transparency of enterprises, which will effectively amend the Act respecting the legal publicity of enterprises (the “Act“).     In addition to the information that businesses required to register must currently report to the Québec Enterprise Register (Registraire […]

Gascon is proud to announce the arrival of two more jurists to its team. Notary Joannie Jacques has nearly ten years of experience in firms in the Montérégie and Centre-du-Québec regions. Since the beginning of her career, she has focused her practice on commercial real estate, corporate financing and commercial law. Joannie will continue to develop […]

Gascon is pleased to announce the recent arrival of attorneys Alexandra Kallos and Frédéric Savoie to the firm. Since the beginning of her career, Alexandra Kallos has focused her activities in the field of insurance law, first working in the litigation department of a Quebec insurance company and then in private practice. Her expertise and […]

This article is an update on a BloG article published on August 26, 2019, which dealt with the announcement made by the Québec Minister of Finance to amend the tax legislation and impose certain measures designed to counter aggressive tax planning in the context of the action plan to ensure tax fairness. Among these measures, […]

Last June, the Canadian Business Corporations Act was amended to include new provisions regarding the identification of beneficial ownership of federal private corporations. It will soon be the turn of the Québec’s Business Corporations Act (“QBCA”) to undergo profound changes. Legislative measures will be put in force to implement the new requirements of the Québec […]

On September 5, 2019, in 6362222 Canada Inc. v. Prelco Inc., the Québec Court of Appeal ruled on the validity of a limitation of liability clause in the context where there is a breach of an essential obligation of the contract. This article summarizes the conclusions of the Court of Appeal on this matter. Facts […]

IMPORTANT UPDATE

On May 13, 2019, the Québec Minister of Finance announced various measures designed to counter aggressive tax planning as part of its Tax Fairness Action Plan.