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