Bio

Thomas Janover leads Kramer Levin’s Claims Trading and Investment Advice practice, a team of lawyers widely regarded by peers and clients as one of the finest in this area. An experienced industry leader, Tom is regarded as one of the “deans” of distressed investing. For more than 25 years, he has represented numerous hedge funds, investment banks and commercial banks in the purchase and sale of securities of and claims against companies undergoing financial restructuring, in bankruptcy or in other distressed circumstances. When the market for these investments was nascent, he was one of the first lawyers to advise and represent hedge funds, at a time when few market standards for pricing or documents existed for these transactions. As the claim trading market grew, Tom was instrumental in bringing standardization to the market, working with the Loan Syndications and Trading Association (LSTA) and other market participants to establish or author standard documentation for the purchase and sale of bank and trade claims. He has also spoken and written about legal issues involved in the trading of claims and distressed securities and on settling transactions on LSTA and Legal Marketing Association documentation.