Protect your tax interests in the context of large M&As, corporate reorganizations and complex tax structuring issues. That’s what Fred Purkey will do for you.
Fred is called in on a great number of files, mostly large transactions with a lot of moving parts, employing a practical approach to solving complex problems and making timely decisions to eliminate potential delays. A partner in our National Tax Group, located in Montréal, Fred advises on the income tax issues relating to mergers and acquisitions of public and private corporations, corporate reorganizations, real estate investment trusts, pension funds, financing structures and private equity funds.
Reliable and creative
Fred acts for large commercial real estate entities with holdings in Québec and elsewhere in Canada, as well as for international corporations doing business in Canada. He also advises Canadian companies on goods and services tax matters, and employee compensation arrangements.
Using his extensive experience in large transactions, Fred remains on top of the deal, acting as the central repository of the knowledge from the tax perspective all the way through the transaction. Clients can rely on his proven ability to solve tax issues with creative solutions to ensure a successful transaction.
- Represented Noverco Inc. in its C$1.2 billion agreement to acquire Valener Inc.
- Acted as counsel to an investment group in the acquisition of a major Canadian sports franchise. This transaction, which also included the team’s playing facility and a large independent events promotion company, is considered to be among the most significant acquisitions ever completed in professional sports in North America.
- Represented a major Canadian Real Estate Investment Trust in its $900-million unsolicited acquisition of another Real Estate Investment Trust.
- Represented a prominent real estate group in its negotiated takeover bid of a large Real Estate Investment Trust for approximately $119 million. The transaction culminated in the client’s graduation from the TSX Venture Exchange to the Toronto Stock Exchange. This bid defeated an unsolicited takeover bid from one of the client’s key competitors.
- Represented a prominent real estate group in its tax-deferred conversion from a mutual fund corporation into a real estate investment trust, and its internal reorganization to simplify its structure.
- Represented a major Real Estate Investment Trust in the $1.527-billion acquisition of a portfolio of 11 shopping centres, three office properties and one industrial property from a multinational real estate corporation.
- Represented a high-profile electronics retailer in its acquisition of a corporation which operated competing chains, in a transaction valued at approximately US$286 million.
- Represented a large manufacturing company in its acquisition of one of Canada’s leading manufacturer and marketers of cleaning products.
- Represented a global digital business solutions agency in its acquisition of all the outstanding shares of a multinational digital services company headquartered in Toronto.
- Represented a large family-owned tape manufacturer in its acquisition by a TSX-listed packaging and adhesives company.
- Represented a leading manufacturer and distributor of home healthcare and medical professional products, in the sale of one of its brand portfolios consisting of mobility and bathroom safety products.
- Represented a Canadian stock exchange in its $1.1 billion merger with another Canadian stock exchange.
- Represented the issuer on a global offering of $5 billion of senior notes.
- Represented the issuer on an offering of $2 billion of senior notes.
- Represented the underwriters on a $260 million bought deal offering from a Canadian airline.
- Represented a Canadian real estate investment trust in its $700 million purchase of a real estate portfolio.
- Acted for a publicly-listed optical company in its $120 million acquisition of a chain of retail optical outlets across Québec, British Columbia, Alberta, Ontario and New Brunswick.
Fred writes widely on tax issues, and lends his expertise to panels at national and international tax conferences. He has lectured on taxation at McGill University Faculty of Law, and on the taxation of real estate in the McGill University Graduate Diploma in Taxation program.
Fred completed the Canadian Institute of Chartered Accountants, In-Depth Tax Course, Levels I, II & III, and is a Trust and Estate Practitioner (TEP). He received his Common and Civil Law (BCL/LLB) degrees from McGill University in 1996 and was called to the bar of Québec in 1998. Previously, he received an MA in Political Science from Yonsei University, South Korea (1990), and a BA in International Relations from Acadia University (1988).