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Tel: 215.573.9859
Fax: 215.573.2025
Email: dskeel@law.upenn.edu
Expertise
- Corporations
- Bankruptcy
- Religion and the Law
Bio
David Skeel is the author of The New Financial Deal: Understanding the Dodd-Frank Act and Its (Unintended) Consequences (Wiley, 2011), 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.
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David Skeel is the author of The New Financial Deal: Understanding the Dodd-Frank Act and Its (Unintended) Consequences (Wiley, 2011), 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 The News Hour, 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 received the Harvey Levin award three times for outstanding teaching, as selected by a vote of the graduating class, the Robert A. Gorman award for excellence in upper level course teaching, and the University’s Lindback Award for distinguished teaching. In addition to bankruptcy and corporate law, Skeel also writes on sovereign debt, Christianity and law, and poetry and the law, and is an elder at Tenth Presbyterian Church in Philadelphia.
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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
Inside-Out Corporate Governance, 32 J. CORP. L. 147 (2012).
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THE NEW FINANCIAL DEAL: UNDERSTANDING THE DODD-FRANK ACT AND ITS (UNINTENDED) CONSEQUENCES (Wiley, 2011).
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Assessing the Chrysler Bankruptcy, 108 MICH. L. REV. 727 (2010), reprinted in 52 CORP. PRAC. COMMENTATOR 1 (2010) (with Mark Roe).
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Bankruptcy or Bailouts?, 35 J. CORP. L. 469 (2010) (with Kenneth Ayotte).
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Welcome Back, SEC?, 18 AM. BANKR. INST. L. REV. 573 (2010).
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Bankruptcy Phobia, 82 TEMP. L. REV. 333 (2009).
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The Criminal Law of Gambling: A Puzzling History (with William J. Stuntz), in GAMBLING: MAPPING THE AMERICAN MORAL LANDSCAPE (Alan Wolfe & Erik C. Owens, eds., 2009).
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Competing Narratives in Corporate Bankruptcy: Debtor in Control vs. No Time to Spare, 2009 MICH. ST. L. REV. 1187.
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Bankruptcy Boundary Games, 4 BROOK. J. CORP. FIN. & COM. L. 1 (2009).
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The Paths of Christian Legal Scholarship, 12 GREEN BAG 169 (2008)
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The Accidental Elegance of Aronson v. Lewis, in ICONIC CASES IN CORPORATE LAW (ed. Jonathan Macey, 2008)
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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)).
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The Unbearable Lightness of Christian Scholarship, 57 EMORY L.J. 1471 (2008).
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Odious Debts or Odious Regimes?, 70 LAW & CONTEMP. PROBS. 83 (Autumn 2007) (with Patrick Bolton).
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The Promise and Perils of Credit Derivatives, 75 U. CIN. L. REV. 1019 (2007) (with Frank Partnoy).
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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).
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Christianity of the (Modest) Rule of Law, 8 U. PA. J. CONST. L. 809 (2006) (with William Stuntz).
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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)).
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ICARUS IN THE BOARDROOM: THE FUNDAMENTAL FLAWS IN CORPORATE AMERICA AND WHERE THEY CAME FROM (Oxford Univ. Press 2005).
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Redesigning the International Lender of Last Resort, U. 6 CHI. J. INT'L L. 177 (2005) (with Patrick Bolton).
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"Sovereignty" Issues and the Church Bankruptcy Cases, 29 SETON HALL LEGIS. J. 345 (2005).
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Inside the Black Box: How Should a Sovereign Bankruptcy Regime be Structured?, 53 EMORY L.J. 763 (2004) (with Patrick Bolton).
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Corporate Anatomy Lessons, 113 YALE L.J. 1519 (2004) (reviewing REINIER KRAAKMAN, THE ANATOMY OF CORPORATE LAW: A COMPARATIVE AND FUNCTIONAL APPROACH (2004)).
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The Past, Present and Future of Debtor-in-Possession Financing, 25 CARDOZO L. REV. 1905 (2004).
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DEBT'S DOMINION: A HISTORY OF BANKRUPTCY LAW IN AMERICA (Princeton University Press 2001).
For additional publications, please consult Current & Recent Research
Current Working Papers
Introduction: Appreciating Bill Stuntz (with Michael J. Klarman & Carol S. Steiker), in THE POLITICAL HEART OF CRIMINAL PROCEDURE: ESSAYS ON THEMES OF WILLIAM J. STUNTZ, Cambridge University Press, 2012 (co-editor with Michael J. Klarman & Carol S. Steiker). (forthcoming 2012)
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States of Bankruptcy, U of Penn, Inst for Law & Econ Research Paper No. 11-24; U of Penn Law School, Public Law Research Paper No. 11-30. (forthcoming)
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The Mosaic Law in Christian Perspective, U of Penn Law School, Public Law Research Paper No. 11-25 (with Tremper Longman)
(forthcoming)
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Transaction Consistency and the New Finance in Bankruptcy (unpublished manuscript, 2011) (with Thomas Jackson). (forthcoming)
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Making Sense of the New Financial Deal, 5 LIBERTY U. L. REV. 181 (2011).
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A Theory of Law Firm Globalization (unpublished manuscript, 2008) (with John Armour)
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).
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Representative Professional Activities
Executive Board of American Association of Law Schools Committee on Business Associations (2007-2010)
Research Associate, European Corporate Governance Institute (since 2006)
Member, American College of Bankruptcy (since 2009)
Board of Trustees, Consumer Bankruptcy Assistance Project, Philadelphia, PA (2000-2006)
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