Rhonda Rudick

Partner

Rhonda Rudick

Rhonda Rudick

Partner

Expertise
Bar Admissions
  • Québec, 1997

Rhonda counsels clients on the tax aspects of mergers and acquisitions, corporate reorganizations and real estate transactions, both Canadian and cross-border, with a strong emphasis on estate planning.

Over her 20-year career, Rhonda has developed ongoing, close relationships with high-net-worth individuals, for whom she provides strategic, personalized estate and tax planning. Her clients include real estate owners and private companies.

Rhonda has served as a member of the Planned Giving Professional Advisory Committee of the Jewish General Hospital and the Professional Advisory Committee of the Jewish Community Foundation. She is a co-lecturer in McGill Law School’s International Tax Course and Advanced Tax Seminar.

Rhonda Rudick

Partner

Rhonda counsels clients on the tax aspects of mergers and acquisitions, corporate reorganizations and real estate transactions, both Canadian and cross-border, with a strong emphasis on estate planning.

Over her 20-year career, Rhonda has developed ongoing, close relationships with high-net-worth individuals, for whom she provides strategic, personalized estate and tax planning. Her clients include real estate owners and private companies.

Rhonda has served as a member of the Planned Giving Professional Advisory Committee of the Jewish General Hospital and the Professional Advisory Committee of the Jewish Community Foundation. She is a co-lecturer in McGill Law School’s International Tax Course and Advanced Tax Seminar.

Recochem, Inc.

Acted for management of Recochem, Inc., a global leader in manufacturing, marketing and distributing aftermarket transportation and household fluids, in the acquisition of Recochem by an affiliate of H.I.G. Capital, a private equity investment firm from an affiliate of Swander Pace Capital.

Kimco Realty Corporation

Acted for Kimco Realty Corporation in connection with the sale by its affiliates of co-ownership interests and partnership interests in a portfolio of 18 shopping centres located in Alberta and British Columbia to Anthem Properties Group Ltd. for $413 million dollars.

Kimco Realty Corporation

Acted for Kimco Realty Corp. in connection with the sale of its 50% interest in Tillicum, a 468,533-square foot shopping centre located in Victoria, British Columbia, to RioCan REIT at a net purchase price of $58.9 million along with a possible future consideration to Kimco based on additional potential residential density.

Kimco Realty Corporation

Acted for Kimco Realty Corporation in connection with the sale of its interests in 22 shopping centres to RioCan Real Estate Investment Trust for a purchase price of $715 million.

Kimco Realty Corporation

Acted for Kimco Realty Corporation and certain of its wholly owned subsidiaries in connection with Kimco's sale of its interest in Brentwood Village in Calgary, Alberta and Grand Park in Mississauga, Ontario to RioCan Real Estate Investment Trust for an aggregate purchase price of $87.5 million, and Kimco's acquisition of RioCan's interest in Montgomery Plaza in Fort Worth, Texas for a purchase price of US$58.3 million.

Renewable Energy Systems Canada Inc.

Acted for Renewable Energy Systems Canada Inc. (RES) in connection with a financing arrangement with Pattern Energy. This transaction involved arrangements between RES and Pattern Energy concerning six wind farm development bids being made in response to an RFP by Hydro-Québec.

Joddes Limited and members of the Goodman family

Acted for Joddes Limited and members of the Goodman family, the largest shareholders of Paladin Labs Inc., in connection with the acquisition of Paladin Labs Inc. by Endo Health Solutions Inc. in a stock and cash transaction valued at approximately $3 billion.

Kimco Realty Corporation

Acted for Kimco North Trust III, an indirect wholly-owned entity of Kimco Realty Corporation, in connection with its offering of $200 million unsecured notes on a private placement basis in Canada.

The Greenberg family

Acted for certain members of the Greenberg family, controlling shareholder of Astral Media Inc., in connection with the $3.38-billion acquisition of Astral Media by BCE Inc.

Renewable Energy Systems Canada Inc.

Acted for Renewable Energy Systems Canada Inc. (RES), part of the St-Laurent Énergies consortium, consisting of EDF Énergies Nouvelles, Hydromega Services Inc. and RES, which was awarded five wind farm projects by Hydro-Québec Distribution representing a total capacity of 954 MW. These five projects represent a total anticipated investment in excess of $2 billion.

Bank of Montreal, Canadian Imperial Bank of Commerce and JPMorgan Chase Bank

Acted for Bank of Montreal, Canadian Imperial Bank of Commerce and JPMorgan Chase Bank and a syndicate of nine banks in connection with an amended and restated US$800-million revolving credit facility agreement with Gildan Activewear Inc.

CSX Corporation

Acted for CSX Corporation in connection with the Conrail spin-off transaction, which established direct ownership by CSX Transportation Inc. ("CSXT") of New York Central Lines LLC ("NYC") and the merger of NYC into CSXT.

Amot Investments Ltd.

Acted for Amot Investments Ltd. in the acquisition of a 50% interest in Phase 1 of E-Commerce Place, Montréal, Québec.

Speaking Engagement

Senior Estates & Trusts Practitioners’ Forum, “The Estate Freeze from Hell”; Toronto, ON

June 06, 2019

Article

Risks of Assigning a Trust Interest, co-author

June 01, 2019 - Canadian Tax Highlights, Vol. 27 No. 6
Download this article.

Speaking Engagement

Senior Estates & Trusts Practitioners’ Forum, “The Impact of US Tax Reform on Cross-Border Estate Planning”; Cambridge, ON

Oct. 15, 2018

Article

Canada-U.S. Investment: Canadian Tax Perspective - Elimination of 30-Day Requirement and Impact on Cross-Border Estate Planning, co-author

June 08, 2018 - Tax Management International Forum, Vol. 47, Issue 6 (Bloomberg TAX)
Download this article.

Speaking Engagement

Lord Reading Law Society, “The Impact on Professionals of Tax Reform Proposals Regarding Private Corporations”; Montréal, QC

Dec. 05, 2017

Article

Withholding Relief for Nonresident Employees in Canada

Apr. 05, 2016 - Originally published in Tax Notes International, this article examines Canada’s 2015 federal budget amendments to allow qualifying nonresident employers to apply for an exemption on withholding obligations for remuneration paid to all qualifying nonresident employees. Download this article.

Bulletin

Finance Fix to Life Interest Trust Issues May Come Soon

Nov. 23, 2015 - As part of the 2014 federal budget, the Canadian government enacted significant changes to the taxation of estates and trusts that come into force on January 1, 2016 (see our e-communication Coming Soon: Amendments to the Taxation of Testamentary Trusts). The amendments included changes...

Bulletin

Coming Soon: Amendments to the Taxation of Testamentary Trusts

Oct. 26, 2015 - As part of the 2014 federal budget, the Canadian government enacted significant changes to the taxation of estates and trusts, which come into force on January 1, 2016. The main effect of the amendments is to limit the ability of taxpayers to establish testamentary trusts as a form of income...

Speaking Engagement

Canadian Bar Association, Will, Estate and Trust Fundamentals for Estate Practitioners Conference; Oct. 15 to 18, 2015

Oct. 15, 2015

Chambers High Net Worth Guide—Private Wealth Law: Canada

The Canadian Legal Lexpert Directory—Estate and Personal Tax Planning: Estate and Tax Planning

The Best Lawyers in Canada—Trusts and Estates Law (Lawyer of the Year 2017, Montréal); Tax Law

Who’s Who Legal: Canada—Private Client; Who’s Who Legal: Private Client

Bar Admissions

Québec, 1997

Education

McGill University, BCL/LLB, 1996
University of Western Ontario, BA (Administrative & Commercial Studies), 1992

Professional Affiliations

Canadian Bar Association
Canadian Tax Foundation
International Fiscal Association
Society of Trust and Estate Practitioners

Board Memberships

Royal West Academy Foundation

Community Involvement

Planned Giving Professional Advisory Committee of the Jewish General Hospital, former member
The Jewish Community Foundation of Montréal, Professional Advisory Committee, former co-chair

Teaching Engagements

Rhonda is a co-lecturer at McGill University Faculty of Law’s International Tax Course and Advanced Tax Seminar.

Rhonda counsels clients on the tax aspects of mergers and acquisitions, corporate reorganizations and real estate transactions, both Canadian and cross-border, with a strong emphasis on estate planning.

Over her 20-year career, Rhonda has developed ongoing, close relationships with high-net-worth individuals, for whom she provides strategic, personalized estate and tax planning. Her clients include real estate owners and private companies.

Rhonda has served as a member of the Planned Giving Professional Advisory Committee of the Jewish General Hospital and the Professional Advisory Committee of the Jewish Community Foundation. She is a co-lecturer in McGill Law School’s International Tax Course and Advanced Tax Seminar.

Recochem, Inc.

Acted for management of Recochem, Inc., a global leader in manufacturing, marketing and distributing aftermarket transportation and household fluids, in the acquisition of Recochem by an affiliate of H.I.G. Capital, a private equity investment firm from an affiliate of Swander Pace Capital.

Kimco Realty Corporation

Acted for Kimco Realty Corporation in connection with the sale by its affiliates of co-ownership interests and partnership interests in a portfolio of 18 shopping centres located in Alberta and British Columbia to Anthem Properties Group Ltd. for $413 million dollars.

Kimco Realty Corporation

Acted for Kimco Realty Corp. in connection with the sale of its 50% interest in Tillicum, a 468,533-square foot shopping centre located in Victoria, British Columbia, to RioCan REIT at a net purchase price of $58.9 million along with a possible future consideration to Kimco based on additional potential residential density.

Kimco Realty Corporation

Acted for Kimco Realty Corporation in connection with the sale of its interests in 22 shopping centres to RioCan Real Estate Investment Trust for a purchase price of $715 million.

Kimco Realty Corporation

Acted for Kimco Realty Corporation and certain of its wholly owned subsidiaries in connection with Kimco's sale of its interest in Brentwood Village in Calgary, Alberta and Grand Park in Mississauga, Ontario to RioCan Real Estate Investment Trust for an aggregate purchase price of $87.5 million, and Kimco's acquisition of RioCan's interest in Montgomery Plaza in Fort Worth, Texas for a purchase price of US$58.3 million.

Renewable Energy Systems Canada Inc.

Acted for Renewable Energy Systems Canada Inc. (RES) in connection with a financing arrangement with Pattern Energy. This transaction involved arrangements between RES and Pattern Energy concerning six wind farm development bids being made in response to an RFP by Hydro-Québec.

Joddes Limited and members of the Goodman family

Acted for Joddes Limited and members of the Goodman family, the largest shareholders of Paladin Labs Inc., in connection with the acquisition of Paladin Labs Inc. by Endo Health Solutions Inc. in a stock and cash transaction valued at approximately $3 billion.

Kimco Realty Corporation

Acted for Kimco North Trust III, an indirect wholly-owned entity of Kimco Realty Corporation, in connection with its offering of $200 million unsecured notes on a private placement basis in Canada.

The Greenberg family

Acted for certain members of the Greenberg family, controlling shareholder of Astral Media Inc., in connection with the $3.38-billion acquisition of Astral Media by BCE Inc.

Renewable Energy Systems Canada Inc.

Acted for Renewable Energy Systems Canada Inc. (RES), part of the St-Laurent Énergies consortium, consisting of EDF Énergies Nouvelles, Hydromega Services Inc. and RES, which was awarded five wind farm projects by Hydro-Québec Distribution representing a total capacity of 954 MW. These five projects represent a total anticipated investment in excess of $2 billion.

Bank of Montreal, Canadian Imperial Bank of Commerce and JPMorgan Chase Bank

Acted for Bank of Montreal, Canadian Imperial Bank of Commerce and JPMorgan Chase Bank and a syndicate of nine banks in connection with an amended and restated US$800-million revolving credit facility agreement with Gildan Activewear Inc.

CSX Corporation

Acted for CSX Corporation in connection with the Conrail spin-off transaction, which established direct ownership by CSX Transportation Inc. ("CSXT") of New York Central Lines LLC ("NYC") and the merger of NYC into CSXT.

Amot Investments Ltd.

Acted for Amot Investments Ltd. in the acquisition of a 50% interest in Phase 1 of E-Commerce Place, Montréal, Québec.

Speaking Engagement

Senior Estates & Trusts Practitioners’ Forum, “The Estate Freeze from Hell”; Toronto, ON

June 06, 2019

Article

Risks of Assigning a Trust Interest, co-author

June 01, 2019 - Canadian Tax Highlights, Vol. 27 No. 6
Download this article.

Speaking Engagement

Senior Estates & Trusts Practitioners’ Forum, “The Impact of US Tax Reform on Cross-Border Estate Planning”; Cambridge, ON

Oct. 15, 2018

Article

Canada-U.S. Investment: Canadian Tax Perspective - Elimination of 30-Day Requirement and Impact on Cross-Border Estate Planning, co-author

June 08, 2018 - Tax Management International Forum, Vol. 47, Issue 6 (Bloomberg TAX)
Download this article.

Speaking Engagement

Lord Reading Law Society, “The Impact on Professionals of Tax Reform Proposals Regarding Private Corporations”; Montréal, QC

Dec. 05, 2017

Article

Withholding Relief for Nonresident Employees in Canada

Apr. 05, 2016 - Originally published in Tax Notes International, this article examines Canada’s 2015 federal budget amendments to allow qualifying nonresident employers to apply for an exemption on withholding obligations for remuneration paid to all qualifying nonresident employees. Download this article.

Bulletin

Finance Fix to Life Interest Trust Issues May Come Soon

Nov. 23, 2015 - As part of the 2014 federal budget, the Canadian government enacted significant changes to the taxation of estates and trusts that come into force on January 1, 2016 (see our e-communication Coming Soon: Amendments to the Taxation of Testamentary Trusts). The amendments included changes...

Bulletin

Coming Soon: Amendments to the Taxation of Testamentary Trusts

Oct. 26, 2015 - As part of the 2014 federal budget, the Canadian government enacted significant changes to the taxation of estates and trusts, which come into force on January 1, 2016. The main effect of the amendments is to limit the ability of taxpayers to establish testamentary trusts as a form of income...

Speaking Engagement

Canadian Bar Association, Will, Estate and Trust Fundamentals for Estate Practitioners Conference; Oct. 15 to 18, 2015

Oct. 15, 2015

Chambers High Net Worth Guide—Private Wealth Law: Canada

The Canadian Legal Lexpert Directory—Estate and Personal Tax Planning: Estate and Tax Planning

The Best Lawyers in Canada—Trusts and Estates Law (Lawyer of the Year 2017, Montréal); Tax Law

Who’s Who Legal: Canada—Private Client; Who’s Who Legal: Private Client

Bar Admissions

Québec, 1997

Education

McGill University, BCL/LLB, 1996
University of Western Ontario, BA (Administrative & Commercial Studies), 1992

Professional Affiliations

Canadian Bar Association
Canadian Tax Foundation
International Fiscal Association
Society of Trust and Estate Practitioners

Board Memberships

Royal West Academy Foundation

Community Involvement

Planned Giving Professional Advisory Committee of the Jewish General Hospital, former member
The Jewish Community Foundation of Montréal, Professional Advisory Committee, former co-chair

Teaching Engagements

Rhonda is a co-lecturer at McGill University Faculty of Law’s International Tax Course and Advanced Tax Seminar.