Thomas Charles Scannell

Partner

Thomas Charles Scannell

Partner

Thomas Scannell is a partner in Foley’s Financial Restructuring and Reorganization Practice. His practice primarily focuses on the restructuring of companies in and out of bankruptcy, debtors’ and creditors’ rights, and debtor-in-possession financers. Thomas also counsels his clients on out-of-court workouts, turnarounds, and the acquisition and sale of distressed assets. Thomas regularly represents a broad spectrum of firm clients in a wide range of insolvency based litigation, including Chapter 5 causes of action, lender liability litigation, and receivership proceedings.

Representative Experience

  • Jinil Steel Company, Limited v. Valuepart, Incorporated (In re Valuepart, Incorporated), No. 19-10461 (5th Cir. March 20, 2020), cert. denied (U.S. Sept. 23, 2020) (No. 20-175)
  • Principal Life Insurance Company v. Revalen Development LLC, 358 S.W.3d 451 (Texas App.–Dallas 2012, Rev. Denied)
  • Comerica Bank v. Rawlings, No. 12-03050, 2012 Lexis 0234 (Bankr. N.D. Tex. (October 1, 2012)

Awards and Recognition

  • Best Lawyers in Dallas, D Magazine (2020, 2023)
  • Best Lawyers Under 40, D Magazine (2018, 2019, 2020)
  • Texas Rising Star by Super Lawyers®, a Thomson Reuters business, as published in Texas Super Lawyers Magazine – Bankruptcy (2017, 2018, 2019, 2020, 2021, 2022, 2023)
  • Top 100 designation (2021, 2022, 2023)
  • Winner, Atlas Turnaround Awards – Corporate Turnaround of the Year (2018)
  • Recognized, The M&A Advisor, 12th Annual Turnaround Awards – Chapter 11 Reorganization of the Year (Over $25MM to $100MM) (2017)
  • The Honorable John C. Ford American Inn of Court – Advanced Restructuring Course Top 5 Finalist for “Rookie of the Year” (Fall 2010 semester)

Affiliations

  • Member, The Honorable John C. Ford American Inn of Court (2019–present)
  • Member, State Bar of Texas
  • Member, Dallas Bar Association
    • Member, Bankruptcy and Commercial Law Section
    • Member, Real Property Law Section
  • Member, Dallas Association of Young Lawyers
  • Member, Dallas/Fort Worth Association of Young Bankruptcy Lawyers
    • President (2014)

Community Involvement

  • Volunteer, Dallas Bar Association Home Project (Habitat for Humanity)
  • Volunteer, Dallas Volunteer Attorney Program, South Clinic

Presentations and Publications

  • Panelist speaker, 2018 Northern District of Texas, U.S. Bankruptcy Court Bench Bar Conference – 2018 Case Law Update
18 July 2023 Video

Ten Minute Interview: Opportunities for Acquiring Distressed Assets

Brian Lucareli, director of Foley Private Client Services (PCS) and co-chair of the Family Offices group, sits down with Tom Scannell, partner and member of the firm’s Financial Restructuring group, for a 10-minute interview to discuss opportunities for acquiring distressed assets.
27 April 2023 Honors and Awards

Foley Attorneys Named to D Magazine’s 2023 Best Lawyers in Dallas List

Foley is pleased to announce that four of its attorneys have been named to D Magazine’s 2023 “Best Lawyers in Dallas” list. The exclusive list honors the top attorneys in Dallas, as chosen by their peers.
22 March 2023 Honors and Awards

Foley Attorneys Named to 2023 Texas Rising Stars List

Foley & Lardner LLP is pleased to announce that 10 attorneys from the firm’s Dallas and Houston offices have been named to the 2023 Texas Rising Stars list.
22 March 2022 Honors and Awards

Foley Attorneys Named to 2022 Texas Rising Stars List

23 March 2021 Press Releases

Foley Attorneys Named to 2021 Texas Rising Stars List

Foley & Lardner LLP is pleased to announce that 11 attorneys from the firm’s Dallas and Houston offices have been selected for inclusion in the 2021 Texas Rising Stars list.
02 February 2021 In the News

Foley & Lardner’s Dallas Office Announces Three New Partners: Christopher J. Babcock, Thomas Scannell and Dovi Adlerstein

Just recently, 19 Foley & Lardner employees were promoted, including the transition of two senior counsels and one counsel to partner roles at the Dallas office.