We are acting for Areva Est Canada and Orano Mining in an action to annul two agreements (of a value of more than C$50 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 C$17 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, Nikolas-Karl Perreault and Pierre Lantoin acted for Areva Est Canada and Orano Mining in connection with this case.