Photograph of Frank P. Jaklitsch

Frank P. Jaklitsch


Frank P. Jaklitsch is a counsel in the New York office of Crowell & Moring. He specializes in distressed debt and claims trading. Frank has 20 years of experience representing hedge funds, investment banks, broker-dealers,  and other financial institutions in the purchase and sale of distressed assets (both domestic and international), including syndicated corporate bank loans, priority and unsecured claims against bankruptcy estates and other liquidating vehicles, and special situations investments generally, including high-yield securities and post-reorganization equity. 

He advises clients on all aspects of the trading process, including pre-trading issues, the preparation and negotiation of transaction documentation, closing transactions as efficiently as possible, and handling post-closing matters. Frank also has extensive experience analyzing the loan documentation of both investment grade and non-investment grade borrowers across a variety of sectors, and advises clients as to whether the legal provisions therein comply with their respective internal policies and market standards generally.

Prior to joining the firm, Frank was an attorney with Kibbe & Orbe LLP. While at Kibbe & Orbe LLP, Frank also completed an extensive secondment at a multinational investment bank, where he worked as an attorney on the business side within the strategic lending and structured solutions groups. 


  • Fordham University, B.A. (1995) magna cum laude
  • University of Michigan Law School, J.D. (2000)


Admitted to practice: New York

Professional Activities and Memberships

  • Member, The Loan Syndications and Trading Association (LSTA)

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"Plan Support Covenants Survive Attack in Aeromexico’s Bankruptcy Proceeding," Crowell & Moring’s Restructuring Matters (February 8, 2022). Authors: Andrew M. Martin, Gregory Gennady Plotko, Frederick (Rick) Hyman and Frank P. Jaklitsch.
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Crowell & Moring LLP is an international law firm with offices in the United States, Europe, MENA, and Asia that represents clients in litigation and arbitration, regulatory and policy, and transactional and corporate matters. The firm is internationally recognized for its representation of Fortune 500 companies in high-stakes litigation and government-facing matters, as well as its ongoing commitment to pro bono service and diversity, equity, and inclusion.

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