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Milton B. Hyman

Partner Emeritus, Irell & Manella LLP

Milt Hyman’s practice focuses on complex tax and corporate matters. He specializes in business planning for corporations, limited liability companies and partnerships, handling major acquisitions and combinations, especially when there is a high tax component to the deal. He headed the teams responsible for the Thrifty-Payless drug stores and Kenneth Leventhal & Company-Ernst and Young combinations, as well as representing Broadcom Corporation in connection with many of its acquisitions. He also was responsible for the leveraged recapitalizations of Big 5 Sporting Goods, Consolidated Vision Group, Inc. and Penhall International, and the initial public offering of Big 5. 

Among other matters, Milt was heavily involved in structuring and implementing cable company acquisitions that ultimately resulted in Charter Communications, Inc. and in credit facility and public debt-related transactions for Charter. He also represented the Rams in their relocation to St. Louis, negotiating the principal agreements with the St. Louis governmental agencies and the sale of a minority ownership stake in the team. Milt also advised the former majority owner of the Rams in the sale of a controlling interest in the team.

In addition to his business planning work, Milt has extensive experience handling tax controversies involving federal and state taxation. He has successfully resolved for his clients many tax controversies ranging in size from relatively small cases of less than one million dollars to those involving hundreds of millions of dollars of tax deficiencies and interest. These tax controversies include corporate and partnership tax matters, as well as California unitary taxation, residency disputes, and property and sales tax controversies.