Overview
Douglas Schaaf is a partner and former Chair of the Global Tax Practice of Paul Hastings and is based in the firm's Orange County office. He provides tax and business advice relating to complex business transactions and issuance of financial instruments.
Much of his practice involves providing tax advice in cross-border transactions; acquisitions and recapitalizations of corporations; partnership formation and restructuring matters; tax advice concerning the acquisition and disposition of real estate; tax controversy matters at both the state and federal level; and tax aspects of executive compensation arrangements. He has more than 30 years of experience in a broad range of tax matters.
Recognitions
- The Legal 500 USA, International Tax (2021-2022)
- The Legal 500 USA, Us Taxes: Non-Contentious (2021-2022)
- Chambers USA, Leading tax lawyer (2010-2022)
Education
- University of Notre Dame Law School, J.D., 1981
- St. Norbert College, B.B.A. (magna cum laude), 1978
Representations
- Greenbrier Companies, a leading international supplier of equipment and services to global freight transportation markets, in its acquisition of American Railcar Industries for $410 million
- Greg Norman, the hall of fame golfer, in a strategic partnership with Authentic Brands Group
- Platinum Equity in its acquisition of Fabcon, a manufacturer of precast wall systems
- Samsung Electronics America in its acquisition of Dacor, a luxury home appliance maker
- GI Partners in connection with its acquisition of Netsmart Technologies, Inc.
- Telogis, Inc. in its sale to Verizon Communications Inc.
- GI Partners in its acquisition of Far Niente Wine Estates
- Brocade in its acquisition of Ruckus Wireless
- China Media Capital in its joint venture with Warner Bros. Entertainment Inc. to launch a new movie studio
- Marvel Entertainment in its US$4 billion sale to the Walt Disney Company in a tax-free reorganization
- Fitness International, LLC in its acquisition of 171 Bally Total Fitness Clubs
- Dubai World in its US$5.1 billion investment in MGM MIRAGE pursuant to a public tender offer and joint venture
- The Telx Group, Inc. in its sale to ABRY Partners and Berkshire Partners LLC
- American Access Care in its US$385 million sale to Fresenius Medical Care
- Vance Street with respect to various acquisitions and dispositions of portfolio companies
news
- Paul Hastings Advises IEQ Capital in a Growth Investment from Stone Point Capital LLC - January 19th, 2023
- Paramount Global and Warner Bros. Discovery to Sell Majority Stake in The CW Network - August 15th, 2022
- The Agency Acquires Triplemint, Combining a Best in Class Luxury Real Estate Brand with Revolutionary Technology - May 4th, 2022
- Black Rifle Coffee Company Completes $1.7 Billion Business Combination with SilverBox Engaged Merger Corp I - February 10th, 2022
- Jaguar Global Growth Corporation I Prices $200 Million IPO - February 10th, 2022
- Paul Hastings Honored with TMT Deal of the Year at ALB Korea Law Awards 2021 - December 3rd, 2021
- Black Rifle Coffee Company to Go Public in $1.7 Billion Business Combination with SilverBox Engaged Merger Corp. - November 2nd, 2021
- Vance Street Capital Partners Acquires McFarlane Aviation - October 27th, 2021
- Jefferies Serves as Sole Book-Running Manager for Home Plate Acquisition Corporation’s $200 Million IPO - October 1st, 2021
- Trusted Media Brands Announces Acquisition of Jukin Media to Form Multi-Faceted Digital Media Company - August 12th, 2021
- Moody's to Acquire RMS for $2 Billion - August 5th, 2021
- Metals Acquisition Corp Prices $250 Million IPO - July 29th, 2021
- Jefferies Serves as Sole Book-Running Manager for Software Acquisition Group Inc. III’s $200 Million IPO - July 29th, 2021
- Citigroup and Morgan Stanley Serve as Joint Book-Running Managers for IPO of Alpha Partners Technology Merger Corp. - July 29th, 2021
- Paul Hastings Advises 2U, Inc. in Acquisition of edX - June 29th, 2021
- Paul Hastings Ranked as Top Three Firm for New Rankings and Recognized for Numerous Practice Strength and Growth in Chambers USA 2021 - May 21st, 2021
- Jam City To Go Public in $1.2 Billion Business Combination with DPCM Capital - May 20th, 2021
- Seaport Global Acquisition Corp. Announces Business Combination with Apollo Portfolio Company Redbox - May 17th, 2021
- HYBE Acquires Ithaca Holdings in $1 Billion Deal to Lead Global Music Industry Innovation - April 2nd, 2021
- Paul Hastings Advises the Underwriters in Two Fintech SPAC IPOs - March 9th, 2021
Recognitions
insights
- Treasury Issues Further Guidance on Bonus Depreciation Rules, Declines to Amend Legislative Drafting Glitch - September 19th, 2019
- Proposed IRS Regulations Significantly Curtail Impact of Section 956 for U.S. Corporate Borrowers - November 5th, 2018
- Depreciation of Tenant Improvements After Tax Reform: Confusion Reigns - March 23rd, 2018
- Tax Reform Provides New Tax Benefits to Unincorporated Businesses - January 12th, 2018
- Real Estate Related Provisions of the Tax Reform Act - January 9th, 2018
- The Tax Cuts and Jobs Act Makes Significant Changes to Taxation of Business Operations - January 8th, 2018
- The International Provisions of the GOP Tax Reform Act - December 28th, 2017
- Tax Cuts and Jobs Act Significantly Impacts Individual Taxation Provisions - December 26th, 2017
- Section 355 Spin-Off Developments: Clarification of “Predecessors” and “Successors” - January 12th, 2017
- IRS Finalizes Regulations Eliminating Requirement to File §83(b) Election with Tax Return - August 15th, 2016
- New IRS Audit Rules for Partnerships - March 7th, 2016
- PATH Act Amends Rules Relating to REITs and FIRPTA - December 24th, 2015
- Treasury Issues Proposed Regulations Addressing Management Fee Waivers and Other Disguised Payments from Partnerships for Services - August 12th, 2015
- IRS Releases Final Regulations on Reporting Specified Foreign Financial Assets – Are You in Compliance? - December 19th, 2014
- Victory for Out-of-State Members in LLCs "Doing Business" in California - December 2nd, 2014
- New Regulations Provide Flexibility in Structuring Acquisitions - May 22nd, 2013
- IRS Releases Final Regulations on the Tax Treatment of Noncompensatory Partnership Options - March 28th, 2013
- New Law Creates Zero Percent Effective Tax Rate for Certain Qualified Small Business Stock - October 14th, 2010
- IRS Warns Tax-Exempt Organizations: Last Chance to File New Required Forms - August 2nd, 2010
- Recent Rulings Favor Taxpayers Statute of Limitations Defense - September 2nd, 2009
Engagement & Publications
- Co-authored "Contingent Consideration and Contingent Liabilities in Taxable Asset Liquidations," appearing in the NYU 67th Institute on Federal Taxation
- Co-authored "Tax Issues for Troubled Companies," appearing in 2010 Major Tax Planning, USC Gould School of Law (62nd Tax Institute)
- Spoken to participants in seminars and conferences sponsored by the California State Bar Association, the Los Angeles County Bar Association, the Orange County Bar Association, the University of Southern California, the Harvard Business School, the American Management Association, the CPA Society of California, and numerous other organizations
Involvement
- Member of the Tax Section, American Bar Association
- Former chair of the Corporate Tax Committee, Los Angeles County Bar Association Tax Section
- Former chair of the Tax Section, Orange County Bar Association