Thomas Vandiver practices in various area of finance including public and municipal finance, banking, affordable housing, real estate law and corporate finance transactions. Tom is the head of Dentons' legacy US Public Finance practice and has more than 34 years of experience structuring and implementing tax-exempt bond and other finance transactions. He has also structured project financings involving energy tax credits, including photovoltaic/solar energy projects in which municipalities and school districts were the energy off takers. In the public finance area, Tom has served as bond counsel, underwriter's counsel, counsel to financial institutions as private placement investors and lenders, issuer's and borrower's counsel and counsel to credit enhancers and trustees in hundreds of financing transactions involving billions of dollars of tax-exempt and taxable bonds, notes and other obligations, as well as other conventional financings.
Tom also regularly counsels clients in connection with complex derivative transactions. These matters have provided financings for several hundred affordable housing projects throughout the country, for state and local governments, health care systems, senior living and retirement facilities, colleges, universities and private secondary schools, cultural institutions, manufacturing facilities, sports facilities, hotels and many other facilities, including for tribal borrowers. Tom is one of the leading lawyers in California for affordable housing transactions. In this area, he represents many of the major banks and financial institutions that provide financing and tax credit equity financing for these projects, having led his team through more than a hundred such projects in just the past three years. In addition, Tom regularly represents tax credit investors in Low Income Housing Tax Credit transactions and New Markets Tax Credit transactions. He has worked extensively on restructuring troubled financings, including restructuring of tax-exempt bonds. This experience has included a successful major restructuring of the financing and derivative contracts for a medical school and a university covering allied health services and nursing in South Central Los Angeles. Tom also led a team that had responsibility for the US$2 billion in bonds at airports around the US for United Airlines when Dentons represented the creditor's committee in that bankruptcy.