Janis Penton
USC Gould School of Law

Janis Penton recently retired after 40 years representing financial institutions as a partner in private law firms and in-house, most recently as associate general counsel at MUFG Union Bank. Penton is an expert on bank trust and securities activities, a highly regarded public finance professional and recognized for her knowledge of letters of credit.

Penton chairs the American Bar Association’s Law School Teaching Subcommittee and is the programming director of the Committee on Trust Indentures and Indenture Trustees. She was the secretary of the Article 5 Task Force, sponsored by the American Bar Association and the International Financial Services Association, that provided the basis for revision of letter of credit law; was a drafter of the California legislative analysis for UCC Article 5 adoption; and was a member of the drafting committee for the International Standby Practices (ISP 98).

Penton is a past chair of the American Bar Association’s Trust & Investment Services Subcommittee; Letters of Credit Subcommittee; and Working Group on International Letters of Credit and Bank Guarantees. She is a fellow of the American College of Commercial Finance Lawyers and a member of the editorial advisory board of Documentary Credit World. She serves on the advisory council of the Center for Transnational Law and Business at the USC Gould School of Law.

Penton received her BA from UCLA and her MBA and JD degrees from USC, where she was a member of the Southern California Law Review and Order of the Coif. Following law school, she clerked for the U.S. Court of Appeals for the Ninth Circuit. 

FACULTY IN THE NEWS

Bloomberg Government
June 22, 2022
Re: Franita Tolson

Franita Tolson was interviewed about how federal lawsuits from North Carolina, Alabama, and Arkansas test the limits of the Voting Rights Act, the boundaries of state government authority, and the ability of voting rights groups to file racial gerrymandering cases. “These doctrines and approaches in these cases fundamentally reset the rules of the game,” she said. “In 2030 we will live in a completely different world than we lived in in 2020, and 2020 was not favorable to minority voters at all.”

RECENT SCHOLARSHIP

Robin Craig
March, 2022

"Saltwater Sovereignty: Tribal Marine Management Authority Along the Pacific Coast.” Online Environmental Law Workshop. University of Maryland School of Law, Baltimore, MD.

Daniel Klerman
March, 2022

“Comment on Choi, Erickson, & Pritchard, ‘Coalitions among Plaintiffs’ Attorneys in Securities Class Actions’,” Conference on Empirical Legal Studies, Virtual, Toronto, ON, Canada.

Robin Craig
March, 2022

“Who’s on First? The Mind-Blowing Attempt to Conceptualize Deference in the Midst of Decision Delays and Agency Repeals,” J.B. and Maurice C. Shapiro Environmental Law Symposium for the George Washington University School of Law, Virtual, Washington, D.C.