Paul Hastings hires eminent Tax Trio

Written by chris on September 18, 2008 – 2:22 pm -

Paul, Hastings, Janofsky & Walker LLP has announced today that Robert Culbertson, Michael Caballero and Kurt Baca have joined the firm’s Global Tax Practice, in the Washington, D.C. office. The team has extensive international tax planning, controversy resolution, and government experience, and will significantly enhance the firm’s capabilities in international taxation.

“The Paul Hastings Global Tax Practice expects continued growth and opportunity in the international tax market,” said Douglas Schaaf, Global Chair of the firm’s tax practice. “Robert, Michael, and Kurt have worked on cutting-edge transactions in the international and financial services areas. In addition, they bring impressive government experience that will help us serve the expanding international tax needs of our Global Tax Practice.”

Robert Culbertson

Mr. Culbertson advises U.S. and foreign based multinationals on structural and transactional tax planning matters, as well as representing companies before the IRS and Treasury. His clients include globally prominent industrial firms, high-tech companies, and financial institutions.

Mr. Culbertson is widely recognized as a leader in the corporate tax community and has held senior positions in the government sector. From 1991-1995, he served as Associate Chief Counsel (International) at the Internal Revenue Service. There, he supervised a staff of 80 lawyers, and participated in the historic revision of the U.S. transfer pricing regulations, the parallel development of new OECD guidelines, and the development of regulations and rulings relating to foreign tax credits, subpart F rules, outbound transfers, conduits, and other international tax issues.

Michael Caballero

Mr. Caballero is considered a rising star within the tax profession and advises clients on international tax issues both in cross-border transactions and internal tax planning. He also has significant government experience having spent almost six years at the U.S. Treasury Department, first as an Attorney-Advisor and then as Associate International Tax Counsel in the Office of Tax Policy. While with the Treasury, he was involved in legislation and the development of income tax regulations and other forms of administrative guidance concerning a wide range of international business tax issues, including cross-border mergers and acquisitions.

Kurt Baca

Mr. Baca’s practice is focused on the federal income taxation of domestic and international financing transactions and financial instruments, including issues arising from investment and trading programs involving foreign currencies, debt instruments, equities, derivatives and other financial instruments. He has substantial experience advising investment banks and Fortune 100 companies in structuring and implementing such finance and investment transactions, including the issues of corporate and partnership taxation that relate to those transactions, and has also represented issuers and underwriters in high profile capital market transactions.

Paul, Hastings, Janofsky & Walker, LLP is one of the world’s leading law firms, with more than 1,200 lawyers in 18 international offices. Our practice breadth enables us to deliver innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.


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Tax Partner to lead A&O’s new Munich Office

Written by chris on September 17, 2008 – 5:51 pm -

Allen & Overy LLP announced today it will open a new office in Munich in October 2008. With its existing offices in Düsseldorf, Frankfurt am Main, Hamburg and Mannheim, Allen & Overy will be represented in five of Germany’s key economic centres. The new office will be developed by tax partner Dr Gottfried E. Breuninger and M&A partner Dr Astrid Krüger, who will join Allen & Overy.

“The addition of a Munich office significantly bolsters Allen & Overy’s presence in Germany”, comments Dr Cornelius Fischer-Zernin, Senior Partner at Allen & Overy Germany. “The Bavarian state capital is one of the most important locations in the German legal market and is also one of the major European economic centres. A presence on the ground in Munich will enable us to provide an even better service to our clients in the region. Gottfried Breuninger and Astrid Krüger enjoy an excellent reputation in Munich and beyond. They form a great start-up team, which I am convinced will prove a real asset to our practice in Germany.”

Dr Gottfried E. Breuninger specialises in national and international corporate tax law, with a particular focus on M&A transactions and post-acquisition structures, tax-driven restructurings and the tax structuring of hybrid and cross-border financings. Before joining Allen & Overy, he headed the Munich office of Shearman & Sterling for more than three years. Furthermore, he became head of German tax at Shearman & Sterling in 2002 and co-head of their global tax group last year.

Dr Astrid Krüger also joins Allen & Overy from Shearman’s Munich office, where she has been a partner since 2006. She specialises in national and cross-border M&A transactions, as well as in corporate restructurings and in the implementation of tax structurings.

“Astrid Krüger perfectly complements our existing M&A practice. By winning her for our team, we have clearly demonstrated both to our clients and our competitors that we are committed to continuing to pursue our strategy of expanding our corporate/M&A practice”, says partner Dr Helge Schäfer, head of Allen & Overy’s corporate practice in Germany.

Partner Eugen Bogenschütz, head of Allen & Overy’s German tax practice, adds: “I am very pleased that Gottfried Breuninger has decided to join our team. The arrival of one of the leading German tax-law experts presents a unique opportunity for us to strengthen our international tax practice.”

Last year Allen & Overy increased its presence in Germany with the addition of two new offices in Düsseldorf and Mannheim. Cornelius Fischer-Zernin adds: “The integration of our Düsseldorf and Mannheim teams into our German practice and our international network has been extremely successful. I am convinced that the integration of the Munich office will be just as smooth.”


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