USC Gould Search

Janis Penton

Janis Penton

Lecturer in Law

699 Exposition Blvd. Los Angeles, CA 90089-0074 USA

Last Updated: August 28, 2019




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

The New York Times
October 15, 2019
Re: Edward McCaffery

Edward McCaffery was quoted on the proposal of having the inheritance taxes on wealthy descendants. The article argued that there has been some issues with the estate tax that the number of descendants this tax applied to has dropped 99%. McCaffery described it as being almost a “voluntary tax.”

RECENT SCHOLARSHIP

Nomi Stolzenberg
July, 2019

Nomi Stolzenberg, "Anne Dailey and the New Fictionalism," 36th Annual Congress of Law and Mental Health, Rome, Italy.

Thomas D. Lyon
July, 2019

"Effects of the Putative Confession Instruction on Perceptions of Children's True and False Statements" (with Jennifer Gongola and Nicholas Scurich), Applied Cognitive Psychology 33 (2019): 655.

Thomas D. Lyon
July, 2019

"Children’s Concealment of a Minor Transgression: The Role of Age, Maltreatment, and Executive Functioning" (with Shanna Williams and Kelly McWilliams), Journal of Experimental Child Psychology.