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Action To Annul Two Agreements For The Sale of Shares of Uranor inc. and Omégalpha inc.

Fasken
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Overview

Client

Areva Est Canada and Orano Mining

We are acting for Areva Est Canada and Orano Mining in an action to annul two agreements (of a value of more than CAD50 million) with respect to the sale of shares of Uranor inc., a corporation which held uranium mining claims in the north of Québec, and Omégalpha inc., a corporation which conducted mining exploration activities for Uranor in Québec, following the discovery that one of Orano Mining's employees involved in the negotiation of the agreements illegally received a substantial amount of over CAD17 million. Areva Est and Orano Mining would have never entered into the agreements had they known this illicit payment.

The facts of this case go back more than a decade, which adds an additional challenge to the mandate. Two weeks ago, the plaintiffs filed a motion to declare the defendants ineligible, alleging breaches of ethics in defence.

A Fasken team composed of Eric Simard, Stéphanie Lavallée, Francois Barette, Charlie Marineau and Nikolas-Karl Perreault acted for Areva Est Canada and Orano Mining in connection with this case.

Team

  • Eric Simard, Partner | CO-LEADER, LITIGATION AND DISPUTE RESOLUTION, Montréal, QC, +1 514 397 5147, [email protected]
  • Stéphanie Lavallée, Partner | Litigation and Dispute Resolution, Montréal, QC, +1 514 397 5110, [email protected]
  • François Barette, Consultant | Tax Law, Montréal, QC, +1 514 397 5259, [email protected]
  • Charlie Marineau, Associate | Litigation and Dispute Resolution, Montréal, QC, +1 514 397 7642, [email protected]
  • Nicolas-Karl Perrault, Partner | Litigation and Dispute Resolution, Montréal, QC, +1 514 397 5256, [email protected]
Eric Simard, Partner | CO-LEADER, LITIGATION AND DISPUTE RESOLUTION Eric Simard Partner | CO-LEADER, LITIGATION AND DISPUTE RESOLUTION Montréal, QC +1 514 397 5147
Stéphanie Lavallée Associée/Partner Montréal Stéphanie Lavallée Partner | Litigation and Dispute Resolution Montréal, QC +1 514 397 5110
Tax Lawyer in Montréal, François Barette, Fasken François Barette Consultant | Tax Law Montréal, QC +1 514 397 5259
Charlie Marineau | Litigation and Dispute Resolution Lawyer in Montréal Charlie Marineau Associate | Litigation and Dispute Resolution Montréal, QC +1 514 397 7642
Nicolas-Karl Perrault, Partner | Litigation and Dispute Resolution Nicolas-Karl Perrault Partner | Litigation and Dispute Resolution Montréal, QC +1 514 397 5256