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Top gascon.ca News

Montreal · Montreal

Imposition of a Transport Fee and Extension of the Blue Line: What Real Estate Stakeholders Need to Know - Gascon Et Associés: Montreal Law Firm

June 11, 2025 The extension of the Montreal metro's Blue Line marks a major turning point for public transit and real estate development in the city. On May 28, 2025, new regulations were announced to impose a transit fee on certain nearby projects. This fee aims to finance part of the Blue Line's construction costs.Read Article

Montreal · Montreal

Optimizing Real Estate Financing: Mortgage Subrogation Explained - Gascon Et Associés: Montreal Law Firm

Optimizing Real Estate Financing: Mortgage Subrogation Explained In a real estate project, converting a construction loan into a long-term completion loan is a key step in ensuring the continuity and viability of financing. This article aims to clarify the mechanisms of mortgage subrogation, a legal and financial tool that optimizes financing conditions, notably by allowing a change of lender without resorting to a new mortgage. Definition Subro…Read Article

Taxes · Montreal

Representative Mandate: Limited Liability of Limited Partners in a Limited Partnership - Gascon Et Associés: Montreal Law Firm

Limited liability of limited partners: a protection that requires qualification One of the major attractions of the limited partnership (“LPC”) is the limited liability offered to limited partners. In principle, they are only liable up to the amount of their contribution to the common fund, which makes it a popular structure for investors wishing to support a project without being exposed to management risks. What is meant by agreed “contributio…Read Article

Alexandria Real Estate Equities, Inc. Enhances Its Corporate Responsibility Pillar Focused on Driving Educational Opportunities With Opening of New Learning Lab at Fred Hutch Dedicated to Inspiring and Training Future Scientists

100% Left coverage: 1 sources

PASADENA, Calif., May 28, 2025 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative Megacampus™ ecosystems in AAA life science innovation cluster locations, today celebrates the opening of…Pasadena, California · Pasadena See the Story

Reminder: Subrogation clauses relating to commercial leases during acquisition - An obstacle to anticipate - Gascon et associés: Montreal law firm

In May 2022, the Superior Court rendered its decision in Troll Immobilier Inc. v. Landry 1, a case that illustrates the crucial importance of reviewing the clauses in deeds of sale in commercial leases, particularly when lease terminations are contemplated post-closing. Indeed, the legal consequences can be serious. In this case, the plaintiff, Mr. Gagnon, president and sole shareholder of Troll Gestion Inc., is a pharmacist by profession 2. Aft…Montreal · Montreal Read Article

Cyber Loss Study 2024: Outlook for Canadian SMEs - Gascon et associés: Montreal Law Firm

Introduction NetDiligence® has released its 2024 Cyber Claims Study, analyzing over 10,000 cyber incident claims that occurred between 2019 and 2023. This study provides invaluable insights into the ever-evolving cyber risk landscape and its impacts on Canadian small and medium-sized enterprises (SMEs). As cyber threats continue to grow in number and sophistication, it is crucial for SMEs to understand these risks and implement effective cyberse…Montreal · Montreal Read Article

The Main Types of Directors' Liability - Gascon et associés: Montreal Law Firm

Although in many cases, particularly in small businesses, directors and shareholders are the same people, their duties and responsibilities are distinct. Unless there is a unanimous shareholder agreement, shareholders' liability is limited to paying the price of the shares subscribed for in the company. However, directors have several duties, obligations, and responsibilities. First, directors are required to act with prudence, diligence, honest…Montreal · Montreal Read Article

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