Paul, Weiss is representing leading national homebuilder and developer Taylor Morrison Home Corporation in its cash-and-stock acquisition of William Lyon Homes for $2.4 billion, including assumption of debt. The transaction creates the nation’s fifth-largest homebuilder.

The Paul, Weiss team includes, among others, corporate partners Scott Barshay, John Kennedy, Thomas de la Bastide, Steven Williams, Brian Janson and Manuel Frey and counsel David Epstein and Patricia Vaz de Almeida; employee benefits counsel Jarrett Hoffman; litigation partners Geoffrey Chepiga and Jeannie Rhee and counsel Steven Herzog; real estate partner Mitchell Berg; tax partner David Mayo; intellectual property partner Claudine Meredith-Goujon; environmental counsel William O’Brien; and antitrust counsel Marta Kelly.