Professional Biography
  • Dallas

    D +1.214.965.7734

    F +1.214.965.7784

    Dallas

    500 North Akard Street, Suite 3300

    Dallas, TX 75201-3347

    +1.214.965.7734

    JPenn@perkinscoie.com

  • New York

    D +1.212.262.6900

    F +1.212.977.1649

    New York

    1155 Avenue of the Americas, 22nd Floor

    New York, NY 10036-2711

    +1.212.262.6900

    JPenn@perkinscoie.com

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Overview

Experience

News

Insights

  • 10.03.2017
    Debtor’s Failure to Disclose No Longer Deadly in Eleventh Circuit
    Updates

    Employers and other defendants recently suffered a setback in the Eleventh Circuit, which reversed itself and will now require a “totality of the circumstances analysis” to determine whether a debtor/plaintiff should be precluded from pursuing litigation that was not disclosed in their bankruptcy documents in a timely manner. 

  • 07.24.2017
    Third Circuit Decides Goods Are “Received” Upon Physical Possession in Bankruptcy Case
    Updates
    Many creditors that provide goods to a debtor before a bankruptcy case begins believe that their recovery will be mere cents on the dollar.
  • 11.18.2015
    Retail Distress in the 2015 Buying Season
    Articles
    A record number of retail and mall closures and bankruptcies should put retailers and their vendors on alert as the holiday season begins.
  • 06.09.2015
    Can This Holiday Be Saved? Retail Distress in the 2015 Buying Season
    Updates
    In the ramp up to this holiday season, the record number of retail and mall closures and bankruptcies should put retailers and their vendors on alert. Several retail icons have sought or considered bankruptcy protection.

    Republished
    in Law360 on 06.25.2015.
  • 03.27.2014
    How Will Mt. Gox's Bankruptcy Shake Out?
    Articles

    Daily Journal

    Bitcoin exchange Mt. Gox recently filed a civil rehabilitation proceeding under Japanese law, and subsequently filed a companion case in Dallas, Texas, under Chapter 15 of the U.S. Bankruptcy Code. The U.S. Bankruptcy Court issued an initial stay (injunction) to protect Mt. Gox and its U.S. assets from actions by creditors and set a hearing for April 1 and 2 to consider whether Mt. Gox would receive the full protections allowed to foreign companies by Chapter 15. If the U.S. court allows the Chapter 15 case to be maintained, certain provisions of the U.S. Bankruptcy Code will apply to parties in interest. This article discusses what the implications of these cases are for Mt. Gox's creditors.
  • 07.24.2013
    Bankruptcy News for the Masses
    Articles

    Dow Jones & Company

  • 02.13.2013
    Chrysler’s Restructuring and the Value of Debt
    Articles

    Dow Jones & Company

  • 02.08.2012
    Can Secured Creditors Credit Bid In Ch. 11 Plans?
    Articles

    Law360

  • 11.30.2011
    Proposed Revised Guidelines For Attorney Fee Applications
    Articles

    Dow Jones & Company

  • 11.04.2011
    Case Study: In Re Tribune Co.
    Articles

    Law360

  • 03.02.2011
    Gift Plans And Bankruptcy Fun
    Articles

    Dow Jones & Company

  • 09.21.2009
    Sec. 1111(b) And Commercial Real Estate Cases
    Articles

    Law360

  • 08.10.2009
    Nationalized health care, stimulus and privacy rights
    Articles

    Fort Worth Business Press

  • 05.22.2019
    How to Value Debt
    Speaking Engagements

    21st Annual New York City Bankruptcy Conference / New York, NY

  • 06.09.2017
    Green Energy Insolvencies
    Speaking Engagements
    Association of Insolvency and Restructuring Advisors 2017 Annual Conference / Chicago, IL
  • 05.18.2017
    Current Issues in the Energy Sector
    Speaking Engagements
    19th Annual New York City Bankruptcy Conference / New York, NY
    Current trends in energy, from gas production to the coal market to alternative forms. Updates of current markets, as well as recent bankruptcy cases and issues, will be addressed, including the rejection of gathering agreements and the upward trend in requests for equity committees in commodity cases.
  • 05.12.2016
    Fraudulent Transfer Litigation
    Speaking Engagements
    18th Annual New York City Bankruptcy Conference / New York, NY
    Recent litigation on actual v. constructive fraud; how to plead and prove actual intent (Lyondell); anticipated Second Circuit decision on safe harbors, etc.; “fraudulent spin-off” cases (Tronox; Chemours, Paragon Offshore); conflicts of law issues.
  • 01.22.2015
    Circuit Splits and Ethical Implications
    Speaking Engagements
    This is a chance for you to be a Supreme Court Justice. This panel will present the arguments on both sides of several important bankruptcy issues on which the circuits are split. Learn about the issues, and decide on which side of the divide you fall.
  • 12.04.2014
    Conflict and Controversy over Injunctions, Releases and Related Protective Relief
    Speaking Engagements
    26th Annual Winter Leadership Conference / La Quinta, CA
    The extent to which bankruptcy courts may properly shelter reorganized debtors, purchasers of assets, and other third parties from personal injury, product liability and other liabilities is a question that continues to generate a substantial amount of litigation and judicial decision-making.
  • 10.10.2014
    Public Debate
    Speaking Engagements
    NCBJ Annual Meeting / Chicago, IL
    Public Debate for ABI Commission to Study the Reform of Chapter 11, at the NCBJ's Annual Meeting.

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RELATED INFORMATION

Video

Bar and Court Admissions

  • Texas
  • New York
  • Supreme Court of the United States
  • U.S. Court of Appeals for the Fifth Circuit
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the Eastern District of Texas
  • U.S. District Court for the Northern District of Texas
  • U.S. District Court for the Southern District of Texas
  • U.S. District Court for the Western District of Texas
  • U.S. District Court for the District of Colorado

Education

  • Baylor Law School, J.D., 1982
  • Baylor University, B.B.A., 1981
Professional Biography

John D. Penn Partner

Firmwide Chair, Bankruptcy and Restructuring

  • Dallas

    D +1.214.965.7734

    F +1.214.965.7784

    Dallas

    500 North Akard Street, Suite 3300

    Dallas, TX 75201-3347

    +1.214.965.7734

    JPenn@perkinscoie.com

  • New York

    T +1.212.262.6900

    F +1.212.977.1649

    New York

    1155 Avenue of the Americas, 22nd Floor

    New York, NY 10036-2711

    +1.212.262.6900

    JPenn@perkinscoie.com

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Overview

During his more than three decades of counsel, John has represented secured and unsecured creditors, debtors, trustees and unsecured creditor committees in major and high-profile reorganizations and insolvency proceedings. John is a Fellow of the American College of Bankruptcy and past president of the American Bankruptcy Institute. He is certified by both the American Board of Certification and Texas Board of Legal Specialization in Business Bankruptcy Law.

Throughout his career, John has counseled clients involved in complex Chapter 11 reorganizations and restructurings in a range of industries, including airlines, financial services, construction, energy, hospitality, home furnishings, nonprofits, timber and commercial real estate.  His background includes representing clients in bankruptcy litigation, including defending against attempts to recover alleged fraudulent transfers and preferential transfers, as well as equitable subordination.  Many of the clients he defended compromised the claims for substantial discounts, including "cost of defense" settlements.

Professional Recognition

  • Awarded "American Bankruptcy Institute Lifetime Achievement Award," 2021
  • Listed in the Lawdragon 500 Leading U.S. Bankruptcy and Restructuring Lawyers, 2020
  • Recognized as one of the Best Lawyers in America - Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, Litigation - Bankruptcy, 2003 - 2022
  • Recognized by Chambers USA as one of the leading practitioners in the United States for Bankruptcy/Restructuring, 2009 - 2010, 2019 - 2021
  • Recognized as a "Super Lawyer" - Bankruptcy & Creditor/Debtor Rights, 2003 - 2020
  • Chosen by peers as one of Fort Worth's Top Attorneys in Bankruptcy in Fort Worth Texas Magazine, 2008, 2010 - 2011, 2013
  • Board Certified in Business Bankruptcy Law by the American Board of Certification, 1992, and the Texas Board of Legal Specialization, 1991
  • Martindale Hubbell® Law Directory with a Peer Review Rating of AV® Preeminent™
    (AV®, BV® and CV® are registered certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies.)

Professional Leadership

  • American Bankruptcy Institute, Member; Past President; Past Chairman
  • American Bankruptcy Institute Task Force for Veterans and Servicemembers Affairs, Co-Chair
  • American College of Bankruptcy, Fellow; Member
  • Honorable John C. Ford American Inn of Court, Master; Member
  • American Board of Certification, Emeritus Director, Past President; Past Chairman
  • Texas Bar Foundation, Fellow
  • Tarrant County Bankruptcy Bar Association, Past President

Community Involvement

  • Longhorn Council Boy Scouts of America, Executive Board, 2004 - 2017
  • Longhorn Council National Eagle Scout Association Committee, 2010 - 2017; Chairman, 2013 - 2017
  • Tarrant County Chapter of March of Dimes, Board of Directors, 1995 - 2004
  • Carter BloodCare Blood Donor (17 gallons and rising)

Experience

News

Insights

RELATED INFORMATION

Areas of Focus

Bar and Court Admissions

  • Texas
  • New York
  • Supreme Court of the United States
  • U.S. Court of Appeals for the Fifth Circuit
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the Eastern District of Texas
  • U.S. District Court for the Northern District of Texas
  • U.S. District Court for the Southern District of Texas
  • U.S. District Court for the Western District of Texas
  • U.S. District Court for the District of Colorado

Education

  • Baylor Law School, J.D., 1982
  • Baylor University, B.B.A., 1981