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Saul A. Fox Distinguished Professor of Business Law: Edward B. Rock

Edward B. Rock L'83
Professor of Law
Edward B. Rock was named the inaugural Saul A. Fox Distinguished Professor of Business Law at the University of Pennsylvania Law School and Professor of Business and Public Policy at the Wharton School. A professor of law on the faculty since 1989, Professor Rock also serves as co-director of the Institute for Law and Economics, a joint research center of the Law School, the Wharton School, and the Department of Economics in the School of Arts & Sciences.

Professor Rock joined the Penn faculty in 1989 from the Philadelphia law firm of Fine, Kaplan and Black, where he specialized in antitrust, corporate and securities litigation. In 1994, Professor Rock was a Visiting Professor of International Banking and Capital Markets at the Institut für Arbeits-, Wirtschafts-und Zivil Recht at Johann Wolfgang Goethe – Universität in Frankfurt am Main, Germany. During the 1995-96 academic year, he was a Fulbright Senior Scholar and Visiting Professor of Law at the Law Faculty of the Hebrew University of Jerusalem, Israel, where he taught comparative antitrust and corporate law. He has also taught at Columbia Law School.

Professor Rock has written widely in corporate law, including on the role of institutional investors in corporate governance; close corporations; the overlap between corporate law and antitrust; comparative corporate law; and the regulation of mutual funds. In recent years, in a series of articles with Michael L. Wachter, William B. Johnson Professor of Law, Professors Rock and Wachter have examined the relationship between law and nonlegally enforceable norms in the governance of business enterprises, and the ways in which corporate law and labor law facilitate the self governance of firms.

The Saul A. Fox Distinguished Professorship in Business Law, and the associated Saul A. Fox Research Fund, were established in 2001 with a gift of $4 million from the Winding Way Foundation of the Jewish Community Foundation’s Endowment Fund in honor of Saul A. Fox, a 1978 graduate of the Law School. The gift is historic because it was the largest single gift to establish a chaired professorship in the history of the University of Pennsylvania.


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