Louis-Martin brings extensive experience in high-stakes litigation and special situations. One client referred to him as an “excellent litigator who easily grasps the issues, formulates arguments and aggressively defends” their interests.
Chambers Global 2016
Louis-Martin has been involved in virtually every recent major M&A and securities litigation in Québec. He also advises clients on a broad spectrum of corporate, competition and insolvency disputes, as well as investigations and white collar work. Clients in diverse sectors, in North America and beyond, appreciate Louis-Martin’s business-minded and creative advice.
He is chair of the board of directors of Le Garde-Manger Pour Tous.
Triumph Aerostructures, LLC
Acted for Triumph Aerostructures, LLC, in connection with its dispute with Bombardier Inc. regarding the wing designed and manufactured by Triumph for Bombardier's Global 7000 business aircraft, including a $455-million claim filed by Triumph before the Québec Superior Court. The dispute was ultimately resolved to both parties' satisfaction.
Oaktree Capital Management, L.P.
Acted for Oaktree Capital Management, L.P., in its opposition to the $475-million acquisition of Québec-based Tembec Inc. by Florida-based Rayonier Advanced Materials Inc.
Acted for BCE Inc. and Bell Canada in a successful appeal to the Supreme Court of Canada in a landmark commercial case involving the proposed $51.7 billion privatization of BCE. The decision of the Supreme Court in this case set the standard in Canada for approval of plans of arrangement and claims of oppression. It also clarified the law concerning the duties of directors of public companies faced with potential change of control transactions. This case also resulted in the fastest commercial appeal ever heard by the Supreme Court of Canada. The appeal was heard by the Court and decided unanimously in favour of BCE less than 30 days after BCE launched its application for leave to appeal from a decision of the Québec Court of Appeal revoking approval for BCE's proposed plan of arrangement that had been granted by Justice Silcoff of the Quebec Superior Court following a lengthy and highly expedited trial.
Acted for Videotron Ltd. against a claim in excess of $18 million in connection with the termination of a share purchase agreement. Videotron terminated the agreement as a result of a material adverse event within the target. The matter was settled on the eve of the hearing before the Québec Court of Appeal.
Acted successfully for a Québec-based gas retailer in connection with criminal charges laid by the Competition Bureau for alleged price-fixing and related class actions. Davies has succeeded in obtaining a stay of the criminal proceedings against its client based on a breach of its constitutional rights.
Fonds de solidarité des travailleurs du Québec (FTQ)
Acting for the Fonds de solidarité des travailleurs du Québec (FTQ) in connection with a $20-million claim instituted by a shareholder against a former director.
Acting for O'Leary Funds, one of the largest unitholders of Boralex Power Income Fund (BPT), in connection with its opposition to the takeover bid made by Boralex Inc. for the outstanding units of BPT. O'Leary is challenging the legality of the takeover bid and is seeking an increased consideration for its units taken up in connection with the takeover bid.
Jacques Toupin and Charles Toupin
Acted for Jacques and Charles Toupin in connection with proceedings instituted to recover their 800,000 class "A" shares of Garda World Security Corporation worth $9.6 million. The Québec Superior Court concluded that Messrs. Toupin owned the shares and the Court's decision was subsequently upheld by the Court of Appeal.
Caisse de dépôt et placement du Québec
Acted for Caisse de dépôt et placement du Québec in connection with an investment of $1.9 billion in SNC-Lavalin Group Inc. to finance a portion of the acquisition by SNC-Lavalin of all the share capital of WS Atkins plc. The Caisse's investment is structured as (i) a loan of $1.5 billion, secured by the value and cash flows of SNC-Lavalin's interest in the Highway 407 ETR project; and (ii) a subscription of approximately $400 million in subscription receipts of SNC-Lavalin.
Steelhead Partners, LLC
Acted for Steelhead Partners, LLC in connection with the takeover bid for Fibrek Inc. by Resolute Forest Products Inc.
Proposed Canada Business Corporations Act Amendments: A New Era of True Majority Voting and Diversity?
Oct. 04, 2016 - On September 28, 2016, the federal government introduced Bill C-25 in Parliament, proposing significant amendments to the Canada Business Corporations Act (CBCA) (the Proposed Amendments). If adopted, the Proposed Amendments will impose obligations on reporting issuers (and other...
Federal Public Contracts Now Governed by New, More Flexible Integrity Provisions
July 14, 2015 - On July 3, 2015, the federal government implemented a new integrity regime (New Regime) governing suppliers’ capacity to enter into procurement contracts and real property transactions with Public Works and Government Services Canada. The New Regime will be rolled out to all federal departments and...
Secondary Market Liability: Supreme Court of Canada Clarifies the Screening Mechanism for Class Actions
Apr. 20, 2015 - In Theratechnologies inc v. 121851 Canada inc.,1 the Supreme Court of Canada ruled for the first time on a case involving the new secondary securities market liability regimes. These regimes, which have been adopted in most Canadian provinces, facilitate actions by investors when...
Task Force on the Protection of Québec Businesses Proposes Bold Measures Against Unsolicited Take-over Bids
Feb. 21, 2014 - On June 7, 2013, Québec’s Minister of Finance and the Economy, Nicolas Marceau, announced the creation of the Task Force on the Protection of Québec Businesses. The mandate of the Task Force was to study measures that would help Québec companies better protect themselves against unsolicited...
Québec’s New Code of Civil Procedure – Highlights and Preliminary Comments
Feb. 21, 2014 - On February 20, 2014, the Québec National Assembly unanimously adopted Bill 28 establishing the new Code of Civil Procedure, which will eventually replace the current Code. The Bill, introduced on April 30, 2013, is the result of extensive reform initiated almost 15 years ago by...
Bill 28 Establishing the New Code of Civil Procedure — Highlights and Preliminary Comments
May 03, 2013 - On April 30, 2013, the Québec Minister of Justice introduced Bill 28 (the Bill) establishing the new Code of Civil Procedure. This Bill, if passed, will result in substantial modifications that could have a major impact on Québec’s legal landscape. The Bill is largely based on the draft...
Canadian Government Restricts Availability of Conditional Sentences (House Arrest)
Mar. 14, 2012 - New Law Applies to Competition Act Cartel Offences May Limit Flexibility and Incentives for Leniency ArrangementsAlmost three years ago, significant amendments were made to Canada’s Competition Act1 (the Act) that substantially raised the stakes for parties caught participating in...
Chambers Canada: Canada’s Leading Lawyers for Business—Litigation, General Commercial: Québec
Benchmark Canada: The Definitive Guide to Canada’s Leading Litigation Firms & Attorneys—General Commercial (Litigation Star); Insolvency (Litigation Star); Securities (Litigation Star)
Report on Business/Lexpert Special Edition Canada’s Leading Litigation Lawyers
Lexpert Guide to the Leading US/Canada Cross-Border Litigation Lawyers in Canada—Securities Litigation
The Canadian Legal Lexpert Directory—Litigation: Securities; Litigation: Corporate Commercial; Class Actions
The Best Lawyers in Canada—Class Action Litigation; Corporate and Commercial Litigation
Lexpert Rising Stars: Leading Lawyers Under 40