Todd Padnos

Sheppard, Mullin, Richter & Hampton LLP

Todd L. Padnos is a partner in the Business Trial and Finance & Bankruptcy Practice Groups in the firm’s San Francisco office.  For over twenty-five years, Mr. Padnos has represented clients in regulatory, litigation and restructuring matters throughout the country. Mr. Padnos devotes much of his practice toward the representation of insurance companies operating in markets across the United States.

He counsels insurers on a broad range of compliance matters, including rate regulation, pricing, product formation, underwriting, claims handling, operations, premium tax, reinsurance, corporate governance, licensing, market conduct and financial examinations, consumer complaints and deceptive practice claims, and internal and regulatory investigations, as well as legislative and rulemaking matters.

In addition, Mr. Padnos regularly represents insurers before state insurance departments, administrative tribunals and state and federal courts across the country on a wide variety of matters, including ratemaking, compliance, and restructurings.

Mr. Padnos devotes the balance of his practice toward the representation of distressed companies, creditors and asset purchasers in workouts, restructurings and bankruptcy cases. Prior to joining Sheppard Mullin, Mr. Padnos was a partner of Dewey & LeBoeuf LLP and Orrick, Herrington & Sutcliffe LLP.


  • Allstate Insurance Company, in the industry’s first effort to utilize the Fama-French derivation of the capital asset pricing model to calculate its cost of capital when developing its rates.
  • Allstate Insurance Company, in the industry’s first challenge to the application of California’s new prior approval ratemaking regulations.
  • Allstate Insurance Company, in the industry’s first effort to have a Florida private passenger insurance automobile rate application adjudicated by an arbitration panel.
  • Fidelity National Financial, Inc., in challenges to regulations proposed by departments of insurance across the country, including California, Florida, New York, New Mexico and Texas.
  • Zurich American Insurance Company, in California’s regulatory enforcement test case seeking to invalidate all large deductible workers’ compensation collateral agreements.
  • CompWest Insurance Company, in various claims handling and employee-classification disputes.
  • Represented various insurers in internal investigations and negotiation of non-prosecution agreements with regulators.
  • In re Fretter, Inc., prosecution of a multimillion-dollar fraud lawsuit against the liquidating consumer electronics retail chain and certain of its officers and directors.
  • Shareholders of a state-chartered bank, in a post-sale lawsuit brought by the purchaser for breach of representations and warranties.
  • Murray Energy Corporation, the country’s largest privately held coal mining company, in its out-of-court restructuring.
  • Foxwoods Resort Casino, representing Deutsche Bank Trust Company Americas in the out-of-court restructuring of the Mashantucket Western Pequot Tribal Nation-owned casino.
  • Pacesetter Industries, Inc., representing Fleet Business Credit as the senior secured lender in the chapter 11 restructuring of one of the country’s largest manufacturers of modular commercial buildings.
  • Representation of Swords to Plowshares in a matter threatening the operation of one of its largest supported housing programs.


  • J.D., Loyola University Chicago School of Law, 1992
  • B.A., Emory University, 1989


  • California
  • Illinois
  • U.S. Court of Appeals, 2nd Circuit
  • U.S. Court of Appeals, 7th Circuit
  • U.S. Court of Appeals, 9th Circuit
  • U.S. District Court, Northern District of Illinois
  • U.S. District Court, Northern, Southern, Eastern and Central Districts of California


Rate : $$$

What types of cases Attorney Todd Padnos & Sheppard, Mullin, Richter & Hampton LLP can handle?
Sheppard, Mullin, Richter & Hampton LLP can handle cases related to laws concerning Financial Services, Litigation, Insurance, Business, Bankruptcy, Licensing. We manually verify each attorney’s practice areas before approving their profiles and reviews on our website.
Where is Sheppard, Mullin, Richter & Hampton LLP located?
Sheppard, Mullin, Richter & Hampton LLP is located at Four Embarcadero Center, San Francisco, CA 94111, USA. You can reach out to Sheppard, Mullin, Richter & Hampton LLP using their phone line 415.774.2938. You can also check their website or email them at [email protected].
How much would it cost to hire Sheppard, Mullin, Richter & Hampton LLP?
Todd Padnos lawyer charges are specific to each case. However, they work with contingency fees and its ranges from $$ to $$$. They also provide free consultation [and no obligation quotes] if you are interested to hire.
Are Todd Padnos reviews trust-able?
We have the ratings and reviews moderation team who checks and verifies every review submitted on our website manually. You can trust all the reviews you see on Todd Padnos lawyer profile listing.

Rate and write a review

Your email address will not be published. Required fields are marked *

Is this your profile?Claim it now.

Make sure your information is up to date.
Sheppard, Mullin, Richter & Hampton LLP
Four Embarcadero Center, San Francisco, CA 94111, USA
Get directions

Tyler Nicoll

Crosspointe Drive 1019
Naples 34110 FL US

Rick Cofer

West Avenue 1002
Austin 78701 TX US