Paul, Weiss, Rifkind, Wharton & Garrison LLP have hired Brian Krause and David Tarr to the firm as partners in the New York office. Krause will be a partner in the tax department and Tarr will be a partner in the corporate department and the finance practice group.

Krause advises on complex U.S. and international tax matters, with a particular focus on cross-border public transactions and restructurings. Tarr advises private equity sponsors, corporate borrowers and lenders in a variety of secured and unsecured transactions, with an emphasis on leveraged and acquisition finance.

“We are thrilled to welcome Brian and David, who are each recognized as outstanding in their respective practices, to our partnership,” said Paul, Weiss chairman Brad S. Karp. “Both share our commitment to excellence and to collaborating across practice areas to deliver for our clients, and they will be superb additions to our firm.”

“With their experience on some of the market’s most complex transactions, Brian and David will contribute greatly to our clients and to our transactional teams,” said Scott A. Barshay, chair of the firm’s corporate department. “Brian has guided some of the world’s best-known public companies through complex tax-related issues connected with their most important strategic transactions and restructurings, while David has a stellar track record of helping leading private equity firms and corporate borrowers in their most significant acquisitions.”

“This is an exciting opportunity to help grow the firm’s already outstanding transactional practice, and guide the firm’s clients through the tax implications of their most mission-critical transactions,” said Krause. “I am excited to join the firm and its market-leading tax team.”

“I am excited to get to work alongside my new colleagues at Paul, Weiss at a time when the firm is leading on some of the most exciting and significant deals and restructuring transactions in the market,” said Tarr.