Arun Birla is a partner at Paul Hastings and vice-chair of the global tax department. He advises UK and international clients on transactions involving corporate finance/M&A (including public/private acquisitions and disposals, restructurings, joint ventures and demergers), private equity, investment funds, structured and asset finance (including CLOs and securitisations) and real estate. Email: arunbirla@paulhastings.com; tel: 020 3023 5176.