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Media Coverage

Le Conseiller Magazine quotes Karl Delwaide in an article on an unsuccessful application for homologation

Fasken
Reading Time 1 minute read
“Jacques-André Thibault ne paiera pas son amende” by Jean-François Byent, Le Conseiller.

Le Conseiller Magazine quotes Montréal lawyer Karl Delwaide in an article on an unsuccessful application for homologation.

Can an advisor avoid pecuniary sanctions by declaring bankruptcy?

“It’s theoretically possible, but you would then have to prove that it wasn’t done to avoid the sanction,” explained lawyer Karl Delwaide, a partner with the firm of Fasken Martineau.

“And don’t forget that declaring bankruptcy has many consequences on an individual’s professional and personal life,” added Mtre Delwaide, explaining why the Court does not take such declarations lightly.