Well-known Sherbrooke businessman Louis Lagassé is appealing a judgement rendered last week by a French court, sentencing him to three years in prison and a fine of $545,000. Quimper criminal court in Northern France found Lagassé guilty of bankruptcy fraud and abuse of property after the liquidation in 2012 of a company he had purchased in 2005. Lagassé maintains his innocence. French court has accepted his appeal. In accordance with the provisions of the Codes of Civil and Criminal Procedure of the French Republic, Lagassé will continue to enjoy his freedom and all his rights as the appeal moves forward. “These last few days have been particularly trying for my family and me, “ Lagassé commented in a recent press release. See full story in the Thursday, Jan. 23 edition of The Record.
French court accepts Louis Lagassé’s appeal
Record Staff
