left-caret
Image: Carlos Obando

Carlos Obando

Of Counsel

Overview

Carlos Nicholas Obando is an of counsel in the Tax practice of Paul Hastings and is based in the firm’s San Francisco office.

Carlos advises public companies, private equity sponsors and their portfolio companies on the federal income tax aspects of mergers and acquisitions, dispositions, joint ventures and corporate separations. He has significant experience structuring tax-free spin-offs, Up-C transactions, partnership taxation and cross-border transaction planning.

Prior to joining Paul Hastings, Carlos practiced in the tax department of another international law firm.

Education

  • Georgetown University Law Center, J.D. (magna cum laude), 2019
  • University of Washington, B.A. (cum laude), 2014

Representations

  • The Special Committee of Paramount Global in its $28 billion merger with Skydance Media and Paramount Skydance in its pending $108.4 billion acquisition of Warner Bros. Discovery.
  • Wiz in its pending $32 billion acquisition by Google.
  • Endeavor’s special committee in the $25 billion take-private acquisition by Silver Lake.
  • Lindsay Goldberg and its portfolio companies in connection with multiple transactions, including Amentum’s $13 billion Reverse Morris Trust merger with Jacobs’ Critical Mission Solutions and Cyber and Intelligence businesses.
  • The Walt Disney Company in the $30 billion combination of ESPN with the National Football League and in the Up-C combination of its Hulu + Live TV business with FuboTV.
  • Viatris in the $3 billion cross-border combination of its biosimilars business with Biocon Biologics.
  • Forward Air in its Up-C combination with Omni Logistics, creating a $3.7 billion company.
  • Vista Outdoor in its separation and $3 billion sale to CSG and SVP.
  • Martin Marietta in its Section 1031 exchange of assets and $450 million of cash with Quikrete Holdings.
  • The Aquarion Water Authority in its $2.4 billion acquisition of Aquarion Water Company from Eversource Energy.

Engagement & Publications

Speaking Engagements

  • “New Ruling Raises Questions About Modifications of DRE Debt”, Tax Notes Federal, Author (June 14, 2021)

Practice Areas

Tax


Languages

English


Admissions

New York Bar

Washington Bar


Education

Georgetown University Law Center, J.D. 2019

University of Washington, B.A. 2014