Thomas A. Humphreys is a partner in the Tax Department in the New York office of Morrison & Foerster LLP. He is the head of its Federal Tax Practice Group as well as co-chair of the Tax Department. Mr. Humphreys has extensive experience with the tax aspects of capital markets transactions, financial instruments, real estate investment trusts, mortgage and asset-backed securities, mutual funds, mergers and acquisitions and international transactions.

Mr. Humphreys has worked with investment banks and issuers on developing new financial products for over 25 years. In the early 1990s, he advised a major investment bank on the tax treatment of the first derivatives securities/structured note shelf program. He has advised investment banks and banks on most of the major capital markets developments in the last decade including trust preferreds, Tier One capital instruments, mandatorily remarketed debt instruments, mandatorily exchangeable debt instruments, and contingent convertible bonds. He currently works with several banks and investment banks on developing new capital markets products involving equity, debt and preferred stock.

Mr. Humphreys is an adjunct professor of law at New York University where he teaches Taxation of Financial Instruments in the LL.M. program. He is the author of Limited Liability Companies and Limited Liability Partnerships , published by Law Journal Seminars-Press. He is a frequent speaker on financial instruments topics before various audiences including the AICPA and the Structured Products Association.

Mr. Humphreys is currently a member of the faculty of the European Tax College in Brussels, Belgium, where he teaches a seminar on the U.S. Taxation of Financial Instruments. He has previously served as chairman of the American Bar Association’s Section of Taxation Committee on Regulated Investment Companies, co-chair of the New York State Bar Association’s Committee on Financial Intermediaries, Tax Section Committee on Financial Instruments, Committee on Financial Institutions and Committee on Pass-Thru Entities. He is also a former member of the New York State Bar Association’s Tax Section Executive Committee.

Mr. Humphreys received his A.B. from the University of California at Los Angeles in 1974, his J.D. from the University of California Hastings School of the Law in 1977 and he received his LL.M. in Taxation from New York University Law School in 1979. He is a member of the bars of California and New York.