Todd C. Toral

Partner

Office

Century City

Los Angeles

Phone

+1 213 239 2294

+1 213 239 5100


Todd C. Toral is a first-chair trial lawyer who has led high-stakes litigation, arbitrations, liability management exercises (LMEs), and internal investigations across subject matter and jurisdictions for more than 25 years, with a practice spanning the financial services, insurance, entertainment, and real estate sectors. He is co-chair of the Financial Litigation Practice, and sponsors of private investment funds seek his guidance on regulatory enforcement, fiduciary obligations, and disputes that lead to the courtroom.

A former clerk to an Associate Justice of the California Supreme Court, Todd currently serves as lead trial counsel in the workout, restructuring, and litigation of a publicly traded fund with $60 billion in assets under management (AUM), and represents an international real estate developer in an internal investigation and multi-forum litigation arising out of an alleged $100 million fraud concerning a failed multi-family development in Southern California. He also serves as co-lead trial counsel in a multibillion-dollar Anti-Terrorism Act case against a French multinational corporation convicted in two countries of supporting transnational terrorist organizations responsible for killing or wounding hundreds of Americans and committing genocide against a Kurdish-speaking religious minority. The Financial Times described the case as carrying "echoes of Nuremberg," and The New York Times similarly likened the matter to the historic prosecution of industrialists at Nuremberg for complicity in Holocaust-era crimes.

A former US Marine, Todd brings a disciplined, strategic approach to advocacy and counseling. He is consistently recognized by legal ranking platforms, including The American Lawyer, 500 Leading Litigators in America by Lawdragon, The National Law Journal, Chambers for California General Commercial Litigation, and, most recently, by the Daily Journal as California Lawyer of the Year.

Credentials

  • California
  • District of Columbia
  • New York

  • University of San Francisco School of Law, JD
  • Harvard University, MA
  • New York University School of Law, LLM
  • San Jose State University, BA

  • US Court of Appeals, Second Circuit
  • US Court of Appeals, Fourth Circuit
  • US Court of Appeals, Ninth Circuit
  • US Court of Appeals, District of Columbia Circuit
  • US Court of Appeals, Federal Circuit
  • US Court of Appeals, Veterans Claims
  • US District Court, Central District of California
  • US District Court, Eastern District of California
  • US District Court, Northern District of California
  • US District Court, Southern District of California
  • US District Court, District of Colorado
  • US District Court, District of Columbia
  • US District Court, Eastern District of Michigan
  • US District Court, Eastern District of New York
  • US District Court, Northern District of New York
  • US District Court, Southern District of New York
  • US District Court, Western District of New York
  • US Tax Court

  • Hon. Ming W. Chin, California Supreme Court
  • Judge Randall Newsome, US Bankruptcy Court

Service / Recognition

  • Daily Journal California Lawyer Attorneys of the Year (CLAY) Award, 2026
  • The American Lawyer, Litigator of the Week, Runner-Up, 2026
  • Lawdragon 500 Leading Litigators in America, 2026
  • Capitol Pro Bono High Honor Roll, 2025
  • Jenner & Block Mentorship Award, 2020
  • Los Angeles Business Journal, Leaders of Influence: Litigators and Trial Lawyers, 2020, 2022
  • Albert E. Jenner Pro Bono Award, 2019
  • National Law Journal, Cryptocurrency Trailblazer, 2018
  • Legal 500 US, Industry Focus - Insurance - Advice to Policyholders, 2018
  • Corporate International Awards, Cross Border Litigation Lawyer of the Year in California, 2017

  • Veterans Consortium Pro Bono Program, Appellate Panelist
  • Crystal Stairs, Former Member, Board of Directors
  • Bet Tzedek, Member, Board of Directors
  • Boy Scouts of America, Troop 223, Assistant Scout Master

  • American Bar Foundation, Fellow
  • American Bar Association International Law Section, Vice Chair, Year-In-Review; International Arbitration Committee, 2020-2021; Member, 2021 Outstanding International Corporate Counsel Award Committee; Member, 2020 Los Angeles Conference Planning Committee
  • American Society of International Law, Member

Todd C. Toral is a first-chair trial lawyer who has led high-stakes litigation, arbitrations, liability management exercises (LMEs), and internal investigations across subject matter and jurisdictions for more than 25 years, with a practice spanning the financial services, insurance, entertainment, and real estate sectors. He is co-chair of the Financial Litigation Practice, and sponsors of private investment funds seek his guidance on regulatory enforcement, fiduciary obligations, and disputes that lead to the courtroom.

A former clerk to an Associate Justice of the California Supreme Court, Todd currently serves as lead trial counsel in the workout, restructuring, and litigation of a publicly traded fund with $60 billion in assets under management (AUM), and represents an international real estate developer in an internal investigation and multi-forum litigation arising out of an alleged $100 million fraud concerning a failed multi-family development in Southern California. He also serves as co-lead trial counsel in a multibillion-dollar Anti-Terrorism Act case against a French multinational corporation convicted in two countries of supporting transnational terrorist organizations responsible for killing or wounding hundreds of Americans and committing genocide against a Kurdish-speaking religious minority. The Financial Times described the case as carrying "echoes of Nuremberg," and The New York Times similarly likened the matter to the historic prosecution of industrialists at Nuremberg for complicity in Holocaust-era crimes.

A former US Marine, Todd brings a disciplined, strategic approach to advocacy and counseling. He is consistently recognized by legal ranking platforms, including The American Lawyer, 500 Leading Litigators in America by Lawdragon, The National Law Journal, Chambers for California General Commercial Litigation, and, most recently, by the Daily Journal as California Lawyer of the Year.

  • California
  • District of Columbia
  • New York

  • University of San Francisco School of Law, JD
  • Harvard University, MA
  • New York University School of Law, LLM
  • San Jose State University, BA

  • US Court of Appeals, Second Circuit
  • US Court of Appeals, Fourth Circuit
  • US Court of Appeals, Ninth Circuit
  • US Court of Appeals, District of Columbia Circuit
  • US Court of Appeals, Federal Circuit
  • US Court of Appeals, Veterans Claims
  • US District Court, Central District of California
  • US District Court, Eastern District of California
  • US District Court, Northern District of California
  • US District Court, Southern District of California
  • US District Court, District of Colorado
  • US District Court, District of Columbia
  • US District Court, Eastern District of Michigan
  • US District Court, Eastern District of New York
  • US District Court, Northern District of New York
  • US District Court, Southern District of New York
  • US District Court, Western District of New York
  • US Tax Court

  • Hon. Ming W. Chin, California Supreme Court
  • Judge Randall Newsome, US Bankruptcy Court

  • Daily Journal California Lawyer Attorneys of the Year (CLAY) Award, 2026
  • The American Lawyer, Litigator of the Week, Runner-Up, 2026
  • Lawdragon 500 Leading Litigators in America, 2026
  • Capitol Pro Bono High Honor Roll, 2025
  • Jenner & Block Mentorship Award, 2020
  • Los Angeles Business Journal, Leaders of Influence: Litigators and Trial Lawyers, 2020, 2022
  • Albert E. Jenner Pro Bono Award, 2019
  • National Law Journal, Cryptocurrency Trailblazer, 2018
  • Legal 500 US, Industry Focus - Insurance - Advice to Policyholders, 2018
  • Corporate International Awards, Cross Border Litigation Lawyer of the Year in California, 2017

  • Veterans Consortium Pro Bono Program, Appellate Panelist
  • Crystal Stairs, Former Member, Board of Directors
  • Bet Tzedek, Member, Board of Directors
  • Boy Scouts of America, Troop 223, Assistant Scout Master

  • American Bar Foundation, Fellow
  • American Bar Association International Law Section, Vice Chair, Year-In-Review; International Arbitration Committee, 2020-2021; Member, 2021 Outstanding International Corporate Counsel Award Committee; Member, 2020 Los Angeles Conference Planning Committee
  • American Society of International Law, Member

Overview

Todd C. Toral is a first-chair trial lawyer who has led high-stakes litigation, arbitrations, liability management exercises (LMEs), and internal investigations across subject matter and jurisdictions for more than 25 years, with a practice spanning the financial services, insurance, entertainment, and real estate sectors. He is co-chair of the Financial Litigation Practice, and sponsors of private investment funds seek his guidance on regulatory enforcement, fiduciary obligations, and disputes that lead to the courtroom.

A former clerk to an Associate Justice of the California Supreme Court, Todd currently serves as lead trial counsel in the workout, restructuring, and litigation of a publicly traded fund with $60 billion in assets under management (AUM), and represents an international real estate developer in an internal investigation and multi-forum litigation arising out of an alleged $100 million fraud concerning a failed multi-family development in Southern California. He also serves as co-lead trial counsel in a multibillion-dollar Anti-Terrorism Act case against a French multinational corporation convicted in two countries of supporting transnational terrorist organizations responsible for killing or wounding hundreds of Americans and committing genocide against a Kurdish-speaking religious minority. The Financial Times described the case as carrying "echoes of Nuremberg," and The New York Times similarly likened the matter to the historic prosecution of industrialists at Nuremberg for complicity in Holocaust-era crimes.

A former US Marine, Todd brings a disciplined, strategic approach to advocacy and counseling. He is consistently recognized by legal ranking platforms, including The American Lawyer, 500 Leading Litigators in America by Lawdragon, The National Law Journal, Chambers for California General Commercial Litigation, and, most recently, by the Daily Journal as California Lawyer of the Year.

Credentials

Admissions

  • California
  • District of Columbia
  • New York

Education

  • University of San Francisco School of Law, JD
  • Harvard University, MA
  • New York University School of Law, LLM
  • San Jose State University, BA

Court Admissions

  • US Court of Appeals, Second Circuit
  • US Court of Appeals, Fourth Circuit
  • US Court of Appeals, Ninth Circuit
  • US Court of Appeals, District of Columbia Circuit
  • US Court of Appeals, Federal Circuit
  • US Court of Appeals, Veterans Claims
  • US District Court, Central District of California
  • US District Court, Eastern District of California
  • US District Court, Northern District of California
  • US District Court, Southern District of California
  • US District Court, District of Colorado
  • US District Court, District of Columbia
  • US District Court, Eastern District of Michigan
  • US District Court, Eastern District of New York
  • US District Court, Northern District of New York
  • US District Court, Southern District of New York
  • US District Court, Western District of New York
  • US Tax Court

Clerkships

  • Hon. Ming W. Chin, California Supreme Court
  • Judge Randall Newsome, US Bankruptcy Court

Service / Recognition

Awards

  • Daily Journal California Lawyer Attorneys of the Year (CLAY) Award, 2026
  • The American Lawyer, Litigator of the Week, Runner-Up, 2026
  • Lawdragon 500 Leading Litigators in America, 2026
  • Capitol Pro Bono High Honor Roll, 2025
  • Jenner & Block Mentorship Award, 2020
  • Los Angeles Business Journal, Leaders of Influence: Litigators and Trial Lawyers, 2020, 2022
  • Albert E. Jenner Pro Bono Award, 2019
  • National Law Journal, Cryptocurrency Trailblazer, 2018
  • Legal 500 US, Industry Focus - Insurance - Advice to Policyholders, 2018
  • Corporate International Awards, Cross Border Litigation Lawyer of the Year in California, 2017

Community

  • Veterans Consortium Pro Bono Program, Appellate Panelist
  • Crystal Stairs, Former Member, Board of Directors
  • Bet Tzedek, Member, Board of Directors
  • Boy Scouts of America, Troop 223, Assistant Scout Master

Service to the Bar

  • American Bar Foundation, Fellow
  • American Bar Association International Law Section, Vice Chair, Year-In-Review; International Arbitration Committee, 2020-2021; Member, 2021 Outstanding International Corporate Counsel Award Committee; Member, 2020 Los Angeles Conference Planning Committee
  • American Society of International Law, Member

Todd C. Toral is a first-chair trial lawyer who has led high-stakes litigation, arbitrations, liability management exercises (LMEs), and internal investigations across subject matter and jurisdictions for more than 25 years, with a practice spanning the financial services, insurance, entertainment, and real estate sectors. He is co-chair of the Financial Litigation Practice, and sponsors of private investment funds seek his guidance on regulatory enforcement, fiduciary obligations, and disputes that lead to the courtroom.

A former clerk to an Associate Justice of the California Supreme Court, Todd currently serves as lead trial counsel in the workout, restructuring, and litigation of a publicly traded fund with $60 billion in assets under management (AUM), and represents an international real estate developer in an internal investigation and multi-forum litigation arising out of an alleged $100 million fraud concerning a failed multi-family development in Southern California. He also serves as co-lead trial counsel in a multibillion-dollar Anti-Terrorism Act case against a French multinational corporation convicted in two countries of supporting transnational terrorist organizations responsible for killing or wounding hundreds of Americans and committing genocide against a Kurdish-speaking religious minority. The Financial Times described the case as carrying "echoes of Nuremberg," and The New York Times similarly likened the matter to the historic prosecution of industrialists at Nuremberg for complicity in Holocaust-era crimes.

A former US Marine, Todd brings a disciplined, strategic approach to advocacy and counseling. He is consistently recognized by legal ranking platforms, including The American Lawyer, 500 Leading Litigators in America by Lawdragon, The National Law Journal, Chambers for California General Commercial Litigation, and, most recently, by the Daily Journal as California Lawyer of the Year.

Credentials

  • California
  • District of Columbia
  • New York

  • University of San Francisco School of Law, JD
  • Harvard University, MA
  • New York University School of Law, LLM
  • San Jose State University, BA

  • US Court of Appeals, Second Circuit
  • US Court of Appeals, Fourth Circuit
  • US Court of Appeals, Ninth Circuit
  • US Court of Appeals, District of Columbia Circuit
  • US Court of Appeals, Federal Circuit
  • US Court of Appeals, Veterans Claims
  • US District Court, Central District of California
  • US District Court, Eastern District of California
  • US District Court, Northern District of California
  • US District Court, Southern District of California
  • US District Court, District of Colorado
  • US District Court, District of Columbia
  • US District Court, Eastern District of Michigan
  • US District Court, Eastern District of New York
  • US District Court, Northern District of New York
  • US District Court, Southern District of New York
  • US District Court, Western District of New York
  • US Tax Court

  • Hon. Ming W. Chin, California Supreme Court
  • Judge Randall Newsome, US Bankruptcy Court

Service / Recognition

  • Daily Journal California Lawyer Attorneys of the Year (CLAY) Award, 2026
  • The American Lawyer, Litigator of the Week, Runner-Up, 2026
  • Lawdragon 500 Leading Litigators in America, 2026
  • Capitol Pro Bono High Honor Roll, 2025
  • Jenner & Block Mentorship Award, 2020
  • Los Angeles Business Journal, Leaders of Influence: Litigators and Trial Lawyers, 2020, 2022
  • Albert E. Jenner Pro Bono Award, 2019
  • National Law Journal, Cryptocurrency Trailblazer, 2018
  • Legal 500 US, Industry Focus - Insurance - Advice to Policyholders, 2018
  • Corporate International Awards, Cross Border Litigation Lawyer of the Year in California, 2017

  • Veterans Consortium Pro Bono Program, Appellate Panelist
  • Crystal Stairs, Former Member, Board of Directors
  • Bet Tzedek, Member, Board of Directors
  • Boy Scouts of America, Troop 223, Assistant Scout Master

  • American Bar Foundation, Fellow
  • American Bar Association International Law Section, Vice Chair, Year-In-Review; International Arbitration Committee, 2020-2021; Member, 2021 Outstanding International Corporate Counsel Award Committee; Member, 2020 Los Angeles Conference Planning Committee
  • American Society of International Law, Member

Todd C. Toral is a first-chair trial lawyer who has led high-stakes litigation, arbitrations, liability management exercises (LMEs), and internal investigations across subject matter and jurisdictions for more than 25 years, with a practice spanning the financial services, insurance, entertainment, and real estate sectors. He is co-chair of the Financial Litigation Practice, and sponsors of private investment funds seek his guidance on regulatory enforcement, fiduciary obligations, and disputes that lead to the courtroom.

A former clerk to an Associate Justice of the California Supreme Court, Todd currently serves as lead trial counsel in the workout, restructuring, and litigation of a publicly traded fund with $60 billion in assets under management (AUM), and represents an international real estate developer in an internal investigation and multi-forum litigation arising out of an alleged $100 million fraud concerning a failed multi-family development in Southern California. He also serves as co-lead trial counsel in a multibillion-dollar Anti-Terrorism Act case against a French multinational corporation convicted in two countries of supporting transnational terrorist organizations responsible for killing or wounding hundreds of Americans and committing genocide against a Kurdish-speaking religious minority. The Financial Times described the case as carrying "echoes of Nuremberg," and The New York Times similarly likened the matter to the historic prosecution of industrialists at Nuremberg for complicity in Holocaust-era crimes.

A former US Marine, Todd brings a disciplined, strategic approach to advocacy and counseling. He is consistently recognized by legal ranking platforms, including The American Lawyer, 500 Leading Litigators in America by Lawdragon, The National Law Journal, Chambers for California General Commercial Litigation, and, most recently, by the Daily Journal as California Lawyer of the Year.

  • California
  • District of Columbia
  • New York

  • University of San Francisco School of Law, JD
  • Harvard University, MA
  • New York University School of Law, LLM
  • San Jose State University, BA

  • US Court of Appeals, Second Circuit
  • US Court of Appeals, Fourth Circuit
  • US Court of Appeals, Ninth Circuit
  • US Court of Appeals, District of Columbia Circuit
  • US Court of Appeals, Federal Circuit
  • US Court of Appeals, Veterans Claims
  • US District Court, Central District of California
  • US District Court, Eastern District of California
  • US District Court, Northern District of California
  • US District Court, Southern District of California
  • US District Court, District of Colorado
  • US District Court, District of Columbia
  • US District Court, Eastern District of Michigan
  • US District Court, Eastern District of New York
  • US District Court, Northern District of New York
  • US District Court, Southern District of New York
  • US District Court, Western District of New York
  • US Tax Court

  • Hon. Ming W. Chin, California Supreme Court
  • Judge Randall Newsome, US Bankruptcy Court

  • Daily Journal California Lawyer Attorneys of the Year (CLAY) Award, 2026
  • The American Lawyer, Litigator of the Week, Runner-Up, 2026
  • Lawdragon 500 Leading Litigators in America, 2026
  • Capitol Pro Bono High Honor Roll, 2025
  • Jenner & Block Mentorship Award, 2020
  • Los Angeles Business Journal, Leaders of Influence: Litigators and Trial Lawyers, 2020, 2022
  • Albert E. Jenner Pro Bono Award, 2019
  • National Law Journal, Cryptocurrency Trailblazer, 2018
  • Legal 500 US, Industry Focus - Insurance - Advice to Policyholders, 2018
  • Corporate International Awards, Cross Border Litigation Lawyer of the Year in California, 2017

  • Veterans Consortium Pro Bono Program, Appellate Panelist
  • Crystal Stairs, Former Member, Board of Directors
  • Bet Tzedek, Member, Board of Directors
  • Boy Scouts of America, Troop 223, Assistant Scout Master

  • American Bar Foundation, Fellow
  • American Bar Association International Law Section, Vice Chair, Year-In-Review; International Arbitration Committee, 2020-2021; Member, 2021 Outstanding International Corporate Counsel Award Committee; Member, 2020 Los Angeles Conference Planning Committee
  • American Society of International Law, Member

Overview

Todd C. Toral is a first-chair trial lawyer who has led high-stakes litigation, arbitrations, liability management exercises (LMEs), and internal investigations across subject matter and jurisdictions for more than 25 years, with a practice spanning the financial services, insurance, entertainment, and real estate sectors. He is co-chair of the Financial Litigation Practice, and sponsors of private investment funds seek his guidance on regulatory enforcement, fiduciary obligations, and disputes that lead to the courtroom.

A former clerk to an Associate Justice of the California Supreme Court, Todd currently serves as lead trial counsel in the workout, restructuring, and litigation of a publicly traded fund with $60 billion in assets under management (AUM), and represents an international real estate developer in an internal investigation and multi-forum litigation arising out of an alleged $100 million fraud concerning a failed multi-family development in Southern California. He also serves as co-lead trial counsel in a multibillion-dollar Anti-Terrorism Act case against a French multinational corporation convicted in two countries of supporting transnational terrorist organizations responsible for killing or wounding hundreds of Americans and committing genocide against a Kurdish-speaking religious minority. The Financial Times described the case as carrying "echoes of Nuremberg," and The New York Times similarly likened the matter to the historic prosecution of industrialists at Nuremberg for complicity in Holocaust-era crimes.

A former US Marine, Todd brings a disciplined, strategic approach to advocacy and counseling. He is consistently recognized by legal ranking platforms, including The American Lawyer, 500 Leading Litigators in America by Lawdragon, The National Law Journal, Chambers for California General Commercial Litigation, and, most recently, by the Daily Journal as California Lawyer of the Year.

Credentials

Admissions

  • California
  • District of Columbia
  • New York

Education

  • University of San Francisco School of Law, JD
  • Harvard University, MA
  • New York University School of Law, LLM
  • San Jose State University, BA

Court Admissions

  • US Court of Appeals, Second Circuit
  • US Court of Appeals, Fourth Circuit
  • US Court of Appeals, Ninth Circuit
  • US Court of Appeals, District of Columbia Circuit
  • US Court of Appeals, Federal Circuit
  • US Court of Appeals, Veterans Claims
  • US District Court, Central District of California
  • US District Court, Eastern District of California
  • US District Court, Northern District of California
  • US District Court, Southern District of California
  • US District Court, District of Colorado
  • US District Court, District of Columbia
  • US District Court, Eastern District of Michigan
  • US District Court, Eastern District of New York
  • US District Court, Northern District of New York
  • US District Court, Southern District of New York
  • US District Court, Western District of New York
  • US Tax Court

Clerkships

  • Hon. Ming W. Chin, California Supreme Court
  • Judge Randall Newsome, US Bankruptcy Court

Service / Recognition

Awards

  • Daily Journal California Lawyer Attorneys of the Year (CLAY) Award, 2026
  • The American Lawyer, Litigator of the Week, Runner-Up, 2026
  • Lawdragon 500 Leading Litigators in America, 2026
  • Capitol Pro Bono High Honor Roll, 2025
  • Jenner & Block Mentorship Award, 2020
  • Los Angeles Business Journal, Leaders of Influence: Litigators and Trial Lawyers, 2020, 2022
  • Albert E. Jenner Pro Bono Award, 2019
  • National Law Journal, Cryptocurrency Trailblazer, 2018
  • Legal 500 US, Industry Focus - Insurance - Advice to Policyholders, 2018
  • Corporate International Awards, Cross Border Litigation Lawyer of the Year in California, 2017

Community

  • Veterans Consortium Pro Bono Program, Appellate Panelist
  • Crystal Stairs, Former Member, Board of Directors
  • Bet Tzedek, Member, Board of Directors
  • Boy Scouts of America, Troop 223, Assistant Scout Master

Service to the Bar

  • American Bar Foundation, Fellow
  • American Bar Association International Law Section, Vice Chair, Year-In-Review; International Arbitration Committee, 2020-2021; Member, 2021 Outstanding International Corporate Counsel Award Committee; Member, 2020 Los Angeles Conference Planning Committee
  • American Society of International Law, Member

News and Insights

Publications

Supreme Court Clarifies Scope of Private Rights of Action Under the Investment Company Act, Private Equity Law Report

Partners Charles Riely, Todd C. Toral, and Martin Glass authored a guest article for Private Equity Law Report examining the US Supreme Court's June 11, 2026, ruling on the scope of private rights of action under the Investment Company Act of 1940.

July 14, 2026