Hugo Babos-Marchand

Partner

Montréal
HBabosMarchand@blg.com
514.954.2556

Hugo Babos-Marchand’s practice encompasses bankruptcy and insolvency law, banking, commercial and securities law litigation, including extraordinary remedies and shareholders’ rights disputes

Hugo regularly acts for various financial institutions, trustees, monitors, receivers, corporations and shareholders. He has represented his clients before all levels of courts in Québec as well as before the Federal Court.

He completed in 2010 a master’s degree in law at McGill University for which he was awarded the Aubrey-Senez Bursary. His master’s project dealt with the incorporation of Norwich orders in Québec judicial law. Hugo also teaches the course on Priorities and Hypothecs at the École du Barreau du Québec.

Experience

  • Acting for the receiver appointed to certain assets of Dominic Lacroix pursuant to an Act respecting the Autorité des marchés financiers. This was the first time a receiver was able to seize cryptocurrency (Bitcoin) in the context of its mandate.
  • Acted for clients in the context of investigations and searches performed by the Autorité des marchés financiers.
  • Acted for a shareholder in the context of a dispute concerning the development of a real estate project located at 1420 Mont-Royal Boulevard, one of the most prestigious condominium projects in Montréal.
  • Acted for Bell Canada in the restructuring proceedings of Primus Telecommunications Canada Inc. and various related entities under the CCAA.
  • Acted for the Business Development Bank of Canada in receivership proceedings for Atelier Ferland Inc.
  • Acted for the receiver of a mining company in connection with a sale of the debtors’ assets in the context of proceedings under the Bankruptcy and Insolvency Act.
  • Acted for a client in the industrial and manufacture industry in connection with its successful restructuring through a proposal under the Bankruptcy and Insolvency Act.
  • Acted for a pharmaceutical company in connection with the sale of its assets through a Bankruptcy and Insolvency Act Proposal and through Chapter 11 proceedings in the United States.
  • Acted for the trustee in connection to the bankruptcy of Les Automobiles Luc Fréchette & Fils inc.
  • Regularly acted for the National Bank of Canada in various insolvency and restructuring files.

Beyond our Walls

Professional Involvement

  • Member, Canadian Bar Association
  • Lecturer, École du Barreau du Québec
  • Member, Professional Training Committee, École du Barreau du Québec

Awards & Recognitions

  • Recognized in the 2020 and 2019 editions ofBest Lawyers in Canada® (Insolvency and Financial Restructuring Law).
  • Recognized in the 2019 and 2018 edition of Canadian Legal Lexpert Directory (Insolvency and Financial Restructuring)

Bar Admission & Education

  • Québec, 2009
  • LLM, McGill University, 2010 (Recipient of the Aubrey-Senez Bursary)
  • LLB, Université Laval, 2008 (Honour Roll)