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Miriam Karam

Counsel
Counsel
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VCard
VCard

Areas of Focus

Overview

Miriam Karam is a counsel in the London office of Crowell & Moring. She specializes in distressed debt and claims trading, structured transactions, and special situations. Miriam advises investment banks, broker dealers, and other financial institutions, including hedge funds on the trading of domestic and international syndicated bank loans, debt instruments, and distressed assets, in particular, insolvency claims and post-reorganization equity.

She has extensive experience in the pre-investment review and analysis of credit documentation of both investment grade and non-investment grade borrowers in a variety of sectors and specializes in the LMA and LSTA secondary trading documentation.

Miriam is involved in cross-border transactions throughout Europe and the United States. She represents clients on the purchase and sale of par and distressed loans and bonds of borrowers domiciled in the U.K., U.S., Asia, and Europe (including France, Switzerland, Germany, Spain, and Italy). She also advises clients in connection with claims trading and investment and has extensive experience representing the creditors of the insolvent Icelandic banks and investors of MF Global UK Limited.

Miriam served as a secondee on the secondary loan trading desk of a tier one investment bank in London and, in addition, as part of the global special situations group of a large asset manager.

Prior to joining the firm, she was an attorney with Kibbe & Orbe LLP.

Career & Education

    • University of Westminster, London, LL.B., honours in law, 2005
    • College of Law, London, Diploma in Legal Practice, 2006
    • University of Westminster, London, LL.B., honours in law, 2005
    • College of Law, London, Diploma in Legal Practice, 2006

    • Solicitor, England and Wales
    • Solicitor, England and Wales

  • Professional Activities and Memberships

    • Member, Loan Market Association (LMA)
    • Member, Solicitors Regulatory Authority
    • Member, 100 Women in Finance

    Professional Activities and Memberships

    • Member, Loan Market Association (LMA)
    • Member, Solicitors Regulatory Authority
    • Member, 100 Women in Finance

Miriam's Insights

Client Alert | 6 min read | 02.07.25

The EU NPL Directive: Impact on Secondary Loan Trading

The Directive on Credit Servicers and Credit Purchasers was adopted by the EU in 2021 (the Directive) and the implementing technical standards (ITS) relating to the Directive have also been adopted by the European Commission. Member states (of the EU) were required to implement the Directive into local law by the end of 2023 and notably France, Luxembourg, Ireland and Germany have now passed laws implementing the Directive....

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Practices

Miriam's Insights

Client Alert | 6 min read | 02.07.25

The EU NPL Directive: Impact on Secondary Loan Trading

The Directive on Credit Servicers and Credit Purchasers was adopted by the EU in 2021 (the Directive) and the implementing technical standards (ITS) relating to the Directive have also been adopted by the European Commission. Member states (of the EU) were required to implement the Directive into local law by the end of 2023 and notably France, Luxembourg, Ireland and Germany have now passed laws implementing the Directive....

View All Insights