Paul Hastings LLP‘s seamlessly integrated transactional tax team is known for its prominence in private credit, M&A, capital markets and real estate. The team notably is industry-lauded for its expertise in handling collaterized loan obligations and warehouse credit facility transactions. Global co-chair Joseph Opich in New York stands out for his work across structured finance and credit transactions, and regularly works with leading REITs and investment funds across formation and structuring considerations. In Los Angeles, Michael Haun handles partnership tax issues and features prominently for insurance companies and in energy tax credits matters. Ziemowit Smulkowski in Chicago specialises in transactions for private equity sponsors and financial institutions. Gary Silver, in New York, and Daniel Nicholas, in Washington DC, are known for their work in chapter 11 bankruptcy and out-of-court restructurings, as well as funds and capital markets matters. Alex Farr in Dallas handles transactions across real estate, energy, and the healthcare sectors.
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Key clients
- Angel Oak
- Ad Hoc Crossholder Group
- Pactiv Evergreen
- Pantheon
- Caithness Energy
- Fisher Investments
- NYCFC
- BKM Capital Partners
- Genesis Energy
- Heidrick & Struggles
- Ad Hoc Group of Convertible Noteholders
- Ad Hoc Group of First Lien Lenders
Work highlights
Advised Angel Oak Companies, a leading asset manager with over $18 billion in assets under management, on the tax aspects of an agreement whereby global alternative asset manager Brookfield Asset Management will acquire a majority ownership stake in Angel Oak.
Advised an ad hoc group of crossholder lenders and noteholders representing a majority of pre-petition debt and DIP loans, on the tax aspects of the $8.8 billion Chapter 11 restructuring of Diamond Sports Group.
Advised Pactiv Evergreen on tax structuring for its $6.7 billion all-cash sale to Novolex.
Practice head
Joseph Opich
Other key lawyers
Michael Haun; Ziemowit Smulkowski; Lucas Rachuba; Alex Farr; Daniel Nicholas; Thomas Wisialowski; Gary Silber; Robert Wilson
