T. DanielReynolds (Dan)


Cleveland + 1.216.586.7148

Dan Reynolds is a corporate restructuring lawyer who represents major constituencies involved in distressed transactions. This includes companies both in and out of bankruptcy, as well as unsecured creditors' committees and other major stakeholders.

Dan has substantial experience counseling clients in fraudulent conveyance, illegal dividend, fiduciary duty, and piercing the corporate veil issues in bankruptcy. He has represented entities in the structuring and consummation of spin-offs, distressed sales and acquisitions, and other out-of-court restructuring transactions. Most recently, Dan played a major role in Jones Day's representation of FirstEnergy Corp. in its spin-off of certain of its unregulated power generation subsidiaries. This included representing FirstEnergy Corp. in those subsidiaries' chapter 11 bankruptcy cases, which were the first bankruptcy cases in the country to involve distressed nuclear assets. Dan has also represented, among others, Peabody Energy Corp., FTD Companies, Westmoreland Resource Partners, Vari-Form Holdings Group, Relativity Media, and various non-debtor parties in restructuring transactions.

Dan serves on the board of directors of The Littlest Heroes, an organization that supports children living with cancer and their families.


  • FirstEnergy subsidiary completes $175 million private placement of First Mortgage BondsJones Day represented The Potomac Edison Company, an electric transmission and distribution subsidiary of FirstEnergy Corp., a diversified energy holding company, in connection with its private placement of $75 million aggregate principal amount of First Mortgage Bonds, 2.67% Series due 2032 and $100 million aggregate principal amount of First Mortgage Bonds, 3.43% Series due 2051.
  • FirstEnergy completes $750 million Notes offeringJones Day represented FirstEnergy Corp. in connection with its registered public offering of $300 million aggregate principal amount of 1.600% Notes, Series A, due 2026 and $450 million aggregate principal amount of 2.250% Notes, Series B, due 2030.
  • FirstEnergy completes $1.75 billion notes offeringJones Day represented FirstEnergy Corp. in connection with its registered public offering of $300 million aggregate principal amount of 2.050% Notes, Series A, due 2025, $600 million aggregate principal amount of 2.650% Notes, Series B, due 2030, and $850 million aggregate principal amount of 3.400% Notes, Series C, due 2050.
  • FirstEnergy's subsidiary will emerge from bankruptcy and separate from parentJones Day represented FirstEnergy Corp. and its non-debtor affiliates (FirstEnergy) in connection with the chapter 11 cases commenced on March 31, 2018, by its subsidiary First Energy Solutions, Inc. and certain of its other unregulated subsidiaries in the Northern District of Ohio, which are some of the largest chapter 11 cases to be filed in Ohio in recent memory.
  • Westmoreland chapter 11 plan confirmedJones Day represented Westmoreland Resource Partners LP (WMLP) and its debtor-subsidiaries (the WMLP Debtors) and the Conflicts Committee in their chapter 11 cases commenced on October 9, 2018, in the Southern District of Texas.
  • Peabody Energy exits chapter 11 in less than a yearFacing unprecedented industry conditions in late 2015 and early 2016, Peabody Energy Corporation, the world's largest private-sector coal company, and 153 of its direct and indirect subsidiaries filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Missouri on April 13, 2016.
  • Speaking Engagements

    • May 2020
      Bankruptcy 363 Sales and Successor Liability: Limits to Selling "Free and Clear" of All Claims and Interests
    • May 2016
      City Club of Cleveland: Puerto Rico's Debt Crisis
    We use cookies to deliver our online services. Details of the cookies and other tracking technologies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you consent to our use of cookies.