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From Cornfield to Control Contests, ILE Roundtable Discusses Wide-Ranging Issues

Economic Analyst Pans Rosy Projections in President's Social Security Plan
Death Penalty Opponents Hear Plea from Death Row Inmate
Pro Bono Placements: All Time High
APALSA Takes Up Asian-American Activism at Conference
2L Makes World Series of Poker Finals, Wins Cool Mil
Penn Law Places Two Editors on Prestigious Harvard Journal
LAST APRIL’S Corporate Roundtable began with a presentation on fair-value determinations in Delaware appraisal law, featuring a paper by Penn’s William B. Johnson Professor of Law and Economics Michael Wachter, along with Widener University Law School’s Lawrence A. Hamermesh. For the purpose of their talk, Wachter and Hamermesh created a scenario in which a cornfield was slated for development.

Another presentation was given by Randall S. Thomas of Vanderbilt University Law School, and featured David M. Silk L’88 of Wachtell, Lipton, Rosen & Katz as a commentator. This second talk was followed by a panel discussion on “Hedge Funds, Private Equity, and Control Contests,” moderated by the two co-directors of Penn Law’s Institute for Law & Economics, Saul A. Fox Distinguished Professor of Business Law Edward Rock L’83 and Wachter, and featuring panelists Saul A. Fox L’78 of Fox Paine, LLC and Robert L. Friedman L’67 of The Blackstone Group.

Paul S. Levy '72 (left) and Michael Biondi L'83 WG'83 participated in off-the-record roundtable on control contests and fair-value determinations. Biondi is chairman of investing at Lazard LLC; Levy, founding director and senior managing director of investment firm JLL Partners.
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