A Book on Legal Construction Hypothecs - An Indispensable Tool for Persons Working in This Field



    MONTREAL, March 20 /CNW Telbec/ - Me David H. Kauffman and Me Guy Gilain,
partners at De Grandpré Chait, are proud to announce the launch of their book
entitled The Construction Hypothec. This unique Québec reference work on
construction law will enlighten lawyers, contractors, subcontractors and
suppliers on the objectives, effects and problems relating to construction
legal hypothecs and will allow construction industry stakeholders to
familiarize themselves with these issues in order to avoid major financial
losses.
    Given the possibility of an economic slowdown or recession in North
America, the Québec construction market is vulnerable to sudden fluctuations
in the economy. In this context, the construction hypothec is the only means
of protection that is available under the Civil Code of Québec to guarantee
the labour, materials and services provided by contractors, subcontractors,
suppliers, architects and engineers in the event of unfortunate circumstances
affecting a construction project.
    A number of projects-such as the Gaspésia project or, more recently, the
SLEB project in Montreal at the corner of Ontario and Saint-Laurent
Streets-provide a disturbing example of how construction projects that are
suddenly abandoned can have a devastating financial impact on the construction
industry. When catastrophe strikes, a legal construction hypothec may be the
only means left to those who participated in the construction to recover all
or part of their claims.
    In this highly anticipated book, the authors provide an in-depth analysis
of the principles governing the construction hypothec in Québec. They also
compare the law in Québec to the law in the rest of North America,
particularly in the other Canadian provinces.
    This reference work is geared to lawyers, who need specific and detailed
answers to their questions, as well as to owners, contractors, subcontractors,
suppliers of materials, architects and engineers, financial institutions and
sureties who will be better able to determine the scope of their rights or
exposure when dealing with construction projects.

    Me David H. Kauffman is a highly renowned lawyer who has pleaded before
the courts at all levels, including the Supreme Court of Canada. He is the
Québec editor of the Construction Law Reports, a national law review, the
author of several other works and counsel to the Association of Consulting
Engineers of Canada. He is a Fellow and Governor of the Canadian College of
Construction Lawyers and is recognized as an expert in several national and
international legal directories, including The International Who's Who of
Business Lawyers, Best Lawyers in Canada and LEXPERT.

    Me Guy Gilain is a seasoned litigator who specializes in lengthy court
cases, such as the pyrite dispute which was litigated in Québec. He sits on
the board of directors of the Canadian Construction Association and is
president of the associate members of the Association des constructeurs de
routes et grands travaux du Québec.

    De Grandpré Chait LLP is a leader in construction law and real estate law
in Québec, with over half of its lawyers specializing in those areas.


    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/




For further information:

For further information: Pierre-Luc Paquette, (514) 282-4802, (514)
705-4802 (cellular phone); Source: Elaine Tassoni, De Grandpré Chait, (514)
878-3235

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