Thomas T. Janover

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.

Each year, Tom and his team advise 40 or more funds and other investors in thousands of transactions in connection with the purchase and sale of billions of dollars of bank claims, trade claims and swap claims, as well as privately traded securities of troubled companies. Some of Tom’s most notable recent transactions have involved FTX Trading, Enviva, Yellow Trucking, Cineworld, PDVSA, Credit Suisse AT1 Bonds, Rackspace, Talen Energy, Bausch Health, Apex Tool, Stanford Financial, Peterson Health, Envision, Travelport Finance and Bernard L. Madoff Investment Securities.

In addition to his work with investors in distressed companies, Tom represents clients in litigation funding and investments in real estate tax liens, and he advises clients on compliance with federal securities law and the use of “big boy” letters and other trading issues.

Legal 500 has recognized Tom for leading a claims trading team “widely regarded as one of the best in the market.” The publication quotes sources describing him as “highly responsive and commercial” and the “best in his field.”