Jean-Simon Deschênes
Lawyer, Partner - Quebec City
Jean-Simon Deschênes
Lawyer, Partner - Quebec City
Jean-Simon Deschênes is a partner in the business law group in Langlois Lawyers’ Quebec City office. He represents corporations and institutions in business transactions such as mergers, acquisitions, restructuring and financing.
He has advised and supported many Canadian and foreign clients in a wide range of transactions in the fields of technology, entertainment, intellectual property, bank financing and professional services.
Education
Certificate, Introduction to Chinese Law, China University of Political Science and Law (Beijing), 2006
LL.B., Université Laval, 2001
Rankings & Recognitions
Fidéides Award for Business Event of the Year, Quebec City Chamber of Commerce and Industry, 2017
Event of the Year Prize, Quebec City Ambassadors’ Club, 2017
Personality of the Week Le Soleil / Radio-Canada, 2016
Areas of Practice
Industries
Representative Work
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Domestic and Foreign Bank Financing
Jean-Simon Deschênes represented a consortium of two banks in connection with a $75 million financing. His mandate included drafting the credit agreement, structuring the security granted in Canada, and supervising the taking of security in five foreign jurisdictions.
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Bank Financing
Jean-Simon Deschênes represented three banks in connection with an analysis of security for indebtedness totalling $96 million. His mandate included analysing the security granted by the borrower to the banks and providing them with an opinion on its validity and enforceability, including security granted to a trustee holding the power of attorney of the lenders, and various other kinds of security.
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Bank Financing
Langlois represented three banks in connection with a $170 million financing required for the operations of an agri-business enterprise. The mandate included drafting the credit agreement and the agreements among the lenders, as well as structuring the security granted by the 30 co-borrowers carrying on operations on some one hundred different properties.
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Litigation – Seizure in Revendication
Urgent court proceeding on behalf of an unpaid vendor who no longer had access to the goods sold, in order to obtain an order of seizure-in-revendication allowing the seller to retake the goods wherever they may be.
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Financing – Security in Canada and the United States
Advised and represented a Canadian bank in connection with the extension of credit in the form of a $900,000 term loan to a Quebec SMB with a US subsidiary. Worked together with a Vermont law firm to obtain a $900,000 guarantee from the US subsidiary as well as a general security agreement charging all its assets.
Publications
Articles
- 2022 – Business succession planning: five mistakes to avoid
- 2021 – New rules for taxing intergenerational transfers: a major gain for small businesses
- 2021 – CUSMA: A wind of change in copyright
- 2021 – Businesses must now disclose who are their true owners
- 2020 – Heritage Handoff Holdings, LLC v. Ronald Fontanella: the importance of fundamental representations and warranties in mergers and acquisitions
- 2019 – The Quebec Government Launches a Public Consultation on Corporate Transparency
News
Other Publications
2011 – Co-author, “Du souper de famille aux assemblées annuelles des actionnaires : les meilleures pratiques pour la gouvernance des entreprises familiales” (From Family Dinner to Annual Shareholders’ Meeting: Best Governance Practices for Family-Owned Businesses)”, Bulletin d’information juridique à l’intention des entrepreneurs et des décideurs, No. 9, June 1, 2011
2011 – Co-author, “Nouveau régime québécois des sociétés par actions” (New Regime for Quebec Business Corporations), Bulletin d’information juridique à l’intention des entrepreneurs et des décideurs, No. 4, February 1, 2011
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