Jonathan Petts

Associate

New York, (212) 336-4291

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Education

University of Pennsylvania (B.A., 2002)
;
University of Pennsylvania Law School (J.D., 2007)
;
St. John's University School of Law (LL.M., 2010)

Practices

Business Restructuring + Insolvency

Bar Admissions

New York

Jonathan Petts is an associate in the Business Restructuring & Insolvency Group of Morrison & Foerster.

Prior to joining Morrison & Foerster, Jonathan served as a law clerk to the Honorable Allan L. Gropper, Bankruptcy Judge for the Southern District of New York from 2011-2013 and the Honorable A. Benjamin Goldgar, Bankruptcy Judge for the Northern District of Illinois from 2010-2011. Prior to his clerkships, Jonathan was a litigation associate at another large law firm in New York.

Jonathan earned his LL.M. in Bankruptcy Law from St. John’s University School of Law. He received both his J.D. and B.A. from the University of Pennsylvania.

Residential Capital, LLC

(Bankr. S.D.N.Y.) Counsel to Residential Capital, one of the largest residential real estate finance companies with assets and liabilities each in excess of $15 billion, whose business is comprised primarily of loan servicing and origination, and its subsidiary companies, in their pending chapter 11 cases. Residential Capital was the largest bankruptcy filing of 2012 and the case represents the first time ever that a mortgage servicer was able to successfully continue servicing and originating mortgages in bankruptcy and be sold as a going concern.

MF Global Holdings Ltd.

(Bankr. S.D.N.Y.) Counsel to Louis J. Freeh, former Federal Judge and former Director of the Federal Bureau of Investigation, as Chapter 11 Trustee for MF Global in its Chapter 11 bankruptcy proceeding. With $41 billion in assets at the time of filing, MF Global was the largest bankruptcy filing of 2011 and the eighth-largest in U.S. history. This case involves a wind-down of an extremely complex global operation and the realization of value from various entities in the MF Global Group, many of which are in their own administration or liquidation proceedings domestically and internationally.