Skip Navigation
Site Search

SEARCH  |  ADVANCED  |  A-Z

ABOUT PENN LAW   |   PROSPECTIVE STUDENTS   |   ACADEMICS   |   FACULTY   |   CROSS-DISCIPLINARY FOCUS   |   INTERNATIONAL   |   DEPARTMENTS & SERVICES   |   EVENTS   |   NEWSROOM

David Arthur Skeel
S. Samuel Arsht Professor of Corporate Law

David Arthur Skeel
S. Samuel Arsht Professor of Corporate Law

Tel: 215.573.9859
Fax: 215.573.2025
Email: dskeel@law.upenn.edu

Expertise

  • Bankruptcy
  • Corporate Labor Law

Bio

David Skeel is the author of Icarus in the Boardroom (Oxford, 2005) and Debt’s Dominion: A History of Bankruptcy Law in America (Princeton, 2001), as well as numerous articles and other publications. [More]

David Skeel is the author of Icarus in the Boardroom (Oxford, 2005) and Debt’s Dominion: A History of Bankruptcy Law in America (Princeton, 2001), as well as numerous articles and other publications. He has been interviewed on Nightline, Chris Matthews’ Hardball (MSNBC), National Public Radio, and Marketplace, among others, and has been quoted in the New York Times, Wall Street Journal, Washington Post and other newspapers and magazines. Skeel has twice received the Harvey Levin award for outstanding teaching, as selected by a vote of the graduating class, and has also received the University’s Lindback Award for distinguished teaching. In addition to corporate law and bankruptcy, Skeel also writes on sovereign debt, law and religion, and poetry and the law, and is an elder at Tenth Presbyterian Church in Philadelphia.

[Hide]

Representative Professional Positions

Penn Law - S. Samuel Arsht Professor of Corporate Law (2004- ); Professor of Law (1999-2003)

Member, European Corporate Governance Institute (2007- ); American College of Bankruptcy (2009- )

Visiting Professor - Georgetown, University of Virginia, University of Wisconsin

Temple - Associate Professor of Law (1993-98); Assistant Professor (1990-93)

Representative Publications

Governance in the Ruins, 122 HARV. L. REV. 696 (2008) (reviewing CURTIS J. MILHAUPT & KATHARINA PISTOR, LAW AND CAPITALISM: WHAT CORPORATE CRISES REVEAL ABOUT LEGAL SYSTEMS AND ECONOMIC DEVELOPMENT AROUND THE WORLD (2008)).
[View Document]

The Unbearable Lightness of Christian Scholarship, 57 EMORY L.J. 1471 (2008).
[View Document]

Odious Debts or Odious Regimes?, 70 LAW & CONTEMP. PROBS. 83 (Autumn 2007) (with Patrick Bolton).
[View Document]

The Promise and Perils of Credit Derivatives, 75 U. CIN. L. REV. 1019 (2007) (with Frank Partnoy).
[View Document]

Who Writes the Rules for Hostile Takeovers, and Why?--The Peculiar Divergence of U.S. and U.K. Takeover Regulation, 95 GEO. L. J. 1727 (2007) (with John Armour).
[View Document]

Christianity of the (Modest) Rule of Law, 8 U. PA. J. CONST. L. 809 (2006) (with William Stuntz).
[View Document]

An Efficiency-Based Explanation for Current Corporate Reorganization Practice, 73 U. CHI. L. REV. 425 (2006) (with Ken Ayotte) (reviewing LYNN LOPUCKI, COURTING FAILURE (2005)).
[View Document]

ICARUS IN THE BOARDROOM: THE FUNDAMENTAL FLAWS IN CORPORATE AMERICA AND WHERE THEY CAME FROM (Oxford Univ. Press 2005).
[View Document]

Redesigning the International Lender of Last Resort, U. 6 CHI. J. INT'L L. 177 (2005) (with Patrick Bolton).
[View Document]

"Sovereignty" Issues and the Church Bankruptcy Cases, 29 SETON HALL LEGIS. J. 345 (2005).
[View Document]

The Past, Present and Future of Debtor-in-Possession Financing, 25 CARDOZO L. REV. 1905 (2004).
[View Document]

Inside the Black Box: How Should a Sovereign Bankruptcy Regime be Structured?, 53 EMORY L.J. 763 (2004) (with Patrick Bolton).
[View Document]

Corporate Anatomy Lessons, 113 YALE L.J. 1519 (2004) (reviewing REINIER KRAAKMAN, THE ANATOMY OF CORPORATE LAW: A COMPARATIVE AND FUNCTIONAL APPROACH (2004)).
[View Document]

Creditors Ball: The "New" New Corporate Governance in Chapter 11, 152 U. PA. L. REV. 917 (2003).
[View Document]

Can Majority Voting Provisions Do it All?, 52 EMORY L.J. 417 (2003).
[View Document]

Avoiding Moral Bankruptcy, 44 B.C. L. REV. 1181 (2003).
[View Document]

Corporate Ownership Structure and the Evolution of Bankruptcy Law: Lessons Learned From the United Kingdom 55 VAND. L. REV. 1699 (2002) (with John Armour and Brian Cheffins).
[View Document]

DEBT'S DOMINION: A HISTORY OF BANKRUPTCY LAW IN AMERICA (Princeton University Press 2001).

The Lawyer as Confidence-Man, 101 COLUM. L. REV. 1750 (2001).
[View Document]

Shaming in Corporate Law, 149 U. PA. L. REV. 1811 (2001).
[View Document]

What's So Bad About Delaware?, 54 VAND L. REV. 309 (2001).
[View Document]

Vern Countryman and the Path of Progressive Legal Scholarship, 113 HARV. L. REV. 1075 (2000).

The Law and Finance of Bank and Insurance Insolvency Regulation, 76 TEX. L. REV. 723 (1998).
[View Document]

An Evolutionary Theory of Corporate Law and Corporate Bankruptcy, 51 VAND. L. REV. 1325 (1998) (selected as one of ten best corporate and securities articles of year and reprinted in Corporate Practice Commentator (vol. 41, 1999-2000).

The Unanimity Norm in Delaware Corporate Law, 83 VA. L. REV. 127 (1997) (selected in survey by Corporate Practice Commentator as one of ten best corporate and securities articles of year).

For additional publications, please consult
Current & Recent Research

Current Working Papers

Bankruptcy or Bailouts? (March 2, 2009) (with Kenneth Ayotte). U of Penn, Inst for Law & Econ Research Paper No. 09-11; Northwestern Law & Econ Research Paper No. 09-05.

Why Do Distressed Companies Choose Delaware? An Empirical Analysis of Venue Choice in Bankruptcy, (U of Penn, Inst for Law & Econ Research Paper No. 03-29, October 2004) (with Kenneth Ayotte).

 
David Skeel

Curriculum Vitae

Related Links

Education

  • J.D. - University of Virginia - '87
  • B.A. - University of North Carolina - '83

Courses Taught

  • Corporations
  • Bankruptcy
  • Debt Relief and Sovereign Debt Restructuring
  • Law, Literature, and Interpretation
  • Christian Perspectives on Law

Research Areas

  • Christianity and the Law
  • Corporate Law
  • Bankruptcy
  • Debt Relief and Sovereign Bankruptcy
  • Law and Religion
  • Law and Poetry

View News Items