Identifying obscure but potentially costly tax issues is a skill. Solving them in the context of our client’s goals is an art, and one that Paul, Weiss practices at the highest level. Working closely with the Corporate and Restructuring Departments, our tax lawyers help clients solve problems, avoid pitfalls and uncover hidden value in all types of transactions.
Firm News
Paul, Weiss Adds Leading Tax Partner Brian Krause in New York
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Brian Krause, a nationally recognized tax attorney, is joining the firm as a partner in the Tax Department.
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Covia Emerges From Bankruptcy
Paul, Weiss advised an ad hoc group of term loan lenders in the successful restructuring of Covia Holdings Corporation, a leading provider of diversified mineral-based and material solutions for the global energy and industrial markets.
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PRA Health Sciences to Be Acquired by ICON in $12 Billion Deal
Paul, Weiss is advising PRA Health Sciences, Inc., a leading global contract research organization, in its approximately $12 billion cash-and-stock sale to ICON plc.
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Rob Holo Quoted in The Deal’s Article on the Biden Administration’s Potential Corporate Tax Changes
Tax partner Rob Holo was quoted extensively in an article, published in The Deal, on potential trends and outcomes of the Biden administration’s corporate tax rates.
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Paul, Weiss Advises D1 Capital on PIPE Investment in Cazoo’s $7 Billion SPAC Merger
Paul, Weiss is advising D1 Capital Partners in connection with its original investment and new PIPE investment in the $7 billion business combination of Cazoo Holdings Limited, the U.K.’s leading online car retailer, and the special purpose acquisition company (SPAC) AJAX I.
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Elanco Completes $1.65 Billion Secondary Offering of Common Stock
Paul, Weiss advised Elanco Animal Health Incorporated, a premier global animal health company, in a secondary offering of 54,500,000 shares of its common stock by selling shareholder Bayer World Investments B.V., an indirect, wholly owned subsidiary of Bayer AG.
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Apollo and Athene to Merge in $11 Billion Transaction
Paul, Weiss is advising Apollo on the following transaction: Apollo (NYSE: APO) and Athene (NYSE: ATH) have entered into a definitive agreement to merge in an all-stock transaction.
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TELUS International Completes $1 Billion IPO
TELUS International (Cda) Inc. closed its initial public offering of 42,550,000 subordinate voting shares, generating gross proceeds of $1 billion.
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IRS Issues Final Regulations Providing Guidance on Taxation of Carried Interest from Investment Partnerships under Section 1061
The IRS and the Treasury Department recently released final regulations on the scope and applicability of Section 1061 of the Internal Revenue Code.
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CARES Act Update: Internal Revenue Service Disallows Deduction of Certain Expenses Funded with PPP Loan Proceeds
The IRS recently issued a notice specifying that taxpayers that receive a loan under the CARES Act’s Paycheck Protection Program may not deduct business expenses funded with PPP loan proceeds to the extent the PPP loan is forgiven.
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Paul, Weiss Adds Leading Tax Partner
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Robert Holo has joined the firm as a partner in the Tax Department, resident in the New York office.
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CARES Act: Federal Income Tax Relief for Individuals and Businesses in Response to the Coronavirus Pandemic
The CARES Act makes a number of significant changes to the federal income taxation of both individual taxpayers and businesses that are generally intended to provide near-term liquidity and economic relief.
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