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Debevoise's Peter Schuur Named 2026 Law360 Tax MVP for Tax Work on Warner Bros. Discovery Sale

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Why it matters

Law360 named Peter Schuur, chair of Debevoise & Plimpton's global tax practice, a 2026 Tax MVP on November 3, citing his role running tax strategy on Paramount Skydance's roughly $110 billion acquisition of Warner Bros. Discovery. Debevoise's biography adds that The American Lawyer selected him as a Dealmaker of the Year for the same mandate. The deal closed October 6, after Supreme Court Justice Elena Kagan denied a last-minute bid to halt it, and the combined company was renamed Skydance. Debevoise led WBD's legal work alongside Wachtell, Lipton, while Latham & Watkins and Cravath represented Paramount.

The public record does not yet describe the tax structure Schuur helped design, and the award citation does not detail it. The Justice Department approved the merger on June 12, 2026, and Paramount settled the twelve-state antitrust suit before closing. Coverage of the close has focused on roughly $80 billion in expected debt and a $6 billion cost-savings target, which has drawn job-loss concerns. Those concerns have not yet produced a reported legal challenge in the sources reviewed.

For deal counsel, the mandate is a reference point for structuring a transaction of this scale, with its all-cash consideration and the issuance of about $47 billion in new Paramount Class B shares. Attorneys tracking the matter should watch for any disclosure of the tax structure in post-closing filings, and for whether the debt load and cost-savings plan lead to employment-related claims or regulatory scrutiny.

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