Thomas Moers Mayer, co-chair of the Bankruptcy and Restructuring department at Kramer Levin, has played a prominent role in many of the largest and most complex bankruptcy cases in history. Tom’s work involves both in- and out-of-court restructurings of distressed businesses on behalf of creditor committees, major secured and unsecured creditors, and bondholders. He has represented the official committees of unsecured creditors in some of the most well-known Chapter 11 cases, including those of General Motors, Chrysler, Capmark, Smurfit-Stone, Dana Corp., Seadrill Ltd., Arch Coal and Patriot Coal.
Tom is the senior partner on the Kramer Levin team led by Amy Caton in representing holders of more than $10 billion of bonds issued by heavily indebted Puerto Rico; the team has secured one victory in the U.S. Supreme Court and two in the First Circuit on behalf of the holders of $3.2 billion of bonds issued by the Puerto Rico Electric Power Authority. He has also played major roles in the largest recent municipal insolvencies. Tom represented holders of $900 million in secured sewer warrants of Jefferson County, AL, in that county’s Chapter 9 case, and the holders of $1 billion in certificates of participation in the Detroit insolvency.