Clay C. Thomas > Vedder Price > Los Angeles, United States > Lawyer Profile

Vedder Price
1925 Century Park East Suite 1900
Los Angeles
California 90067
United States

Work Department

Global Transportation Finance




Mr. Thomas counsels a variety of clients including airlines, equipment manufacturers, borrowers, lenders, lessors, lessees and other debt and equity investors engaged in debt, equity and lease financing transactions. He focuses his practice on the aviation and rail industries and has represented clients in U.S. and cross-border sale, lease and financing transactions, including aircraft and rolling stock portfolio acquisitions, sale-leaseback transactions, operating leases, leveraged leases, export credit agency financings, mortgage financings, pooled collateral/warehouse loan facilities, asset-backed securitizations and enhanced equipment trust certificate transactions as well as aircraft and railcar investment fund formations and joint ventures.

Prior to joining Vedder Price, Mr. Thomas, also a certified public accountant, served as a tax accountant in a public accounting firm concentrating on corporate, partnership and international taxation matters.


  • University of Notre Dame Law School, J.D., 2009, cum laude
  • University of Texas at Arlington, M.A., 2004
  • Oklahoma State University, B.S., 2001

Lawyer Rankings

United States > Industry focus > Transport: rail and road - finance

(Next Generation Partners)

Clay C. ThomasVedder Price

Vedder Price‘s team has an enviable track record in representing lessors, lenders, manufacturers, government agencies, equity investors and operators. It routinely assists with the domestic and international leasing and debt financing of rail assets. The firm is able to leverage dedicated transportation asset finance and securitization lawyers in Chicago, New York, Washington DC, San Francisco and Los Angeles, as well as from its London and Singapore offices. With extensive experience in railcar financings, structured finance specialist Geoffrey R. Kass chairs the global transportation finance team. Also  integral to the group are John T. Bycraft, who represents borrowers, issuers, servicers and lenders on structured finance transactions involving rolling stock portfolios; and Michael E. Draz, who is ‘unmatched in his pragmatism, collaboration, sharpness, efficiency, and lack of ego‘. In New York, Jeffrey T. Veber is a transportation finance expert, while Los Angeles-based Clay C. Thomas is a rail industry specialist. At associate level, Joel R. Thielen‘s practice includes rail finance deals, while Jillian S. Greenwald regularly assists with railcar financings. All attorneys mentioned are based in the firm’s Chicago office unless otherwise mentioned.