Institute for Law and Economics

Penn Law

Past Events, 2010-2011

Wednesday, April 13, 2011

INTERNATIONAL PROGRAM

KP Krishnan
Secretary, Economic Advisory Council of the Prime Minister of India

Financial Sector Regulation in India: Evolution and the Road Ahead

Dinner: 6:00 to 8:00 PM

By Invitation

KP Krishnan

Dr. KP Krishnan serves as Secretary of the Economic Advisory Council of the Prime Minister of India, a position he took up in July 2010. For the preceding five years, Dr. Krishnan served as Joint Secretary of the Capital Markets Division of the Indian Department of Economic Affairs, where he was responsible for securing approval of Parliament for a new legal framework for securitization, placing for parliamentary approval a new legal and regulatory framework for pension sector reforms, preparing a blueprint for Indian financial sector reforms including fundamental reforms in the regulatory architecture, preparing legislation on reform of securities markets including putting in place arrangements for financial stability, leading the successful effort for introduction of new products like Exchange Traded Currency Futures, Interest Rate Futures, Credit Default Swaps and Corporate Repos, and carrying out preparatory work for the setting up of an independent Public Debt Management Office.

He has also held positions in Karnataka state government and worked as an advisor to the Executive Director of World Bank in Washington DC. Dr. Krishnan belongs to the Indian Administrative Service, Karnataka Cadre, 1983 batch. He received his Ph.D. (Eco) from Indian Institute of Management in Bangalore and M.A. (Eco) from University of Mysore.

 

Friday, April 8, 2011

CORPORATE ROUNDTABLE

Corporate Roundtable

Bankruptcy and Resolution

Sessions: 9:00 AM to 4:00 PM

By Invitation

 

Tuesday, March 29, 2011

CHANCERY COURT PROGRAM

Chancery Court Program

Illegitimate Kingmaker or Effective Voice Of Genuine Stockholder Sentiment?:
The Role Of Institutional Shareholder Services In Contested Corporate Elections

Discussion: 4:30 to 6:30 PM

Moderators:
Hon. Leo E. Strine
Vice Chancellor, Delaware Court of Chancery
Michael L. Wachter
William B. Johnson Professor of Law and Economics
University of Pennsylvania Law School

Panelists:
Glenn Booraem
Principal & Fund Controller, The Vanguard Group
Daniel H. Burch
Chairman & CEO, MacKenzie Partners, Inc.
Jill Fisch
Perry Golkin Professor of Law, University of Pennsylvania Law School
Alan Miller
Co-Chairman, Innisfree M&A Incorporated
Christopher Young
Managing Director and Head of the Takeover Defense Practice, Credit Suisse

 

Thursday, March 24, 2011

ILE / WHARTON FINANCE SEMINAR

Oliver Hart
Andrew E. Furer Professor of Economics
Harvard University, Department of Economics

Inefficient Provision of Inside Money by Banks

Seminar: 3:00 to 4:30 PM

Oliver HartOliver Hart is currently the Andrew E. Furer Professor of Economics at Harvard University, where he has taught since 1993. Hart works mainly on contract theory, the theory of the firm, corporate finance, and law and economics. His research centers on the roles that ownership structure and contractual arrangements play in the governance and boundaries of corporations. He has published a book (Firms, Contracts, and Financial Structure, Oxford University Press, 1995) and numerous journal articles. He is a Fellow of the Econometric Society, the American Academy of Arts and Sciences, and the British Academy and has several honorary degrees. He has been president of the American Law and Economics Association and a vice president of the American Economic Association.

 

Wednesday, March 23, 2011

DISTINGUISHED JURIST LECTURE

Kenneth R. Feinberg
Feinberg Rozen, LLP

Treasury’s Performance as Pay Tsar: Precedent or Aberration?

Lecture:     5:00 to 6:00 PM
Reception: 6:00 to 6:30 PM

Open to the Public

Kenneth Feinberg

Kenneth R. Feinberg was appointed by the Secretary of the Treasury in 2009 to serve as the Special Master for TARP Executive Compensation. In this capacity, he was responsible for determining annual compensation packages for senior corporate officials at companies that received the most taxpayer financial assistance. Most recently, he was designated by the Obama Administration and British Petroleum (BP) to serve as Administrator of the Gulf Coast Claims Facility in 2010.

He has been key to resolving many of our nation’s most challenging and widely known disputes. He is best known for serving as the Special Master of the Federal September 11th Victim Compensation Fund of 2001, in which he reached out to all who qualified to file a claim, evaluated applications, determined appropriate compensation, and disseminated awards. Mr. Feinberg shared his extraordinary experience in his book What Is Life Worth?, published in 2005 by Public Affairs Press. Just a few years later, Mr. Feinberg became Fund Administrator for the Hokie Spirit Memorial Fund following the tragic shootings at Virginia Tech. Mr. Feinberg also has served as Special Master in Agent Orange, asbestos personal injury, wrongful death claims, Dalkon shield, and DES (pregnancy medication) cases.

 

Wednesday, March 2, 2011

LAW AND ENTREPRENEURSHIP LECTURE

Jeremy Nowak
President and Chief Executive Officer
The Reinvestment Fund

Competitive Places and Inner City Opportunities:
Reflections on 25 Years of Community Investment

Lecture:     5:00 to 6:00 PM
Reception: 6:00 to 6:30 PM

Open to the Public

Jeremy Nowak

Jeremy Nowak is the President of The Reinvestment Fund, a community development financial institution that manages $700 million. The Reinvestment Fund (TRF) provides financing in support of affordable housing, small businesses, commercial real estate and community facilities. TRF has allocated more than $1 billion, leveraging $3.5 billion in development capital.

Mr. Nowak is the Vice Chair of the Federal Reserve Bank of Philadelphia and a member of the Fed’s Council of Chairs. He is also a board member of the Pennsylvania Housing Finance Agency , the agency responsible for billions of dollars of annual bond and tax credit financing.

He was the founding Chair of the Board of Mastery Charter Schools, a network of inner city schools recognized as the most effective management organization in the nation for turning around low performing schools. And he was the founding Board Chair of Alex’s Lemonade Stand, a charity that supports pediatric cancer research and in six years has raised more than $35 million from lemonade stands held by thousands of families and children.

Mr. Nowak is the author of numerous reports and articles including recent work on creativity and neighborhood development. He holds an undergraduate degree in philosophy (Pennsylvania State University, Phi Beta Kappa, 1973) and a Ph.D. in cultural anthropology (New School for Social Research, 1986). He was a Fellow at the Aspen Institute’s program for leaders in education and is a member of Harvard University’s roundtable on social enterprise and poverty.

 

Tuesday, March 1, 2011

CHANCERY COURT PROGRAM

Chancery Court Program

England Goes All 1980s Constituency Soft?
Cadbury & England’s Commitment to the Non-Frustration Rule

Discussion: 4:30 to 6:30 PM

Moderators:
Hon. Leo E. Strine
Vice Chancellor, Delaware Court of Chancery
Michael L. Wachter
William B. Johnson Professor of Law and Economics
University of Pennsylvania Law School

Panelists:
Creighton O’M. Condon
Shearman & Sterling LLP
Noel Hinton
Former Deputy Director General, The Takeover Panel
Sarah Jones
Clifford Chance LLP
Scott V. Simpson
Skadden, Arps, Slate, Meagher & Flom (UK) LLP

 

Friday, February 25 & Saturday, February 26, 2011

NYU / PENN LAW AND FINANCE SYMPOSIUM
in New York City

By Invitation

View Conference Website

 

Friday, December 10, 2010

CORPORATE ROUNDTABLE

Corporate Roundtable

Hedge Funds

Sessions: 9:00 AM to 4:00 PM

By Invitation

 

Tuesday, November 2, 2010

LAW AND ENTREPRENEURSHIP LECTURE

H. Rodgin Cohen
Sullivan & Cromwell LLP

The Financial Crisis: Aftermath and Implications

Lecture:     4:30 to 5:30 PM
Reception: 5:30 to 6:30 PM

Open to the Public

H. Rodgin Cohen

H. Rodgin Cohen is a partner at Sullivan & Cromwell LLP. He was chairman of the Firm from July 1, 2000 through December 31, 2009 and has served as its senior chairman since January 1, 2010.

The primary focus of Mr. Cohen’s practice is acquisition, corporate governance, regulatory and securities law matters for major U.S. and non-U.S. banking and other financial institutions and their trade associations.

 

Thursday, October 21, 2010

INSIGHTS FROM PRACTICE

Insights from Practice

Boards of Directors

Sessions:  4:30 to 6:00 PM
Reception: 6:00 to 6:30 PM

Panel Co-Chairs:
Charles I. Cogut
Simpson Thacher & Bartlett LLP
Hon. Myron T. Steele
Supreme Court of Delaware

Panelists:
Robert L. Friedman
The Blackstone Group L.P.
Roger Kimmel
Rothschild Inc.
David M. Silk
Wachtell, Lipton, Rosen & Katz
Douglas Steenland
Former CEO, Northwest Airlines

 

Thursday, September 23, 2010

ILE / WHARTON FINANCE SEMINAR

Merritt B. Fox
Michael E. Patterson Professor of Law,
NASDAQ Professor for Law and Economics of Capital Markets
Columbia Law School

Fraud-on-the-Market Actions Against Foreign Issuers

Seminar: 3:00 to 4:30 PM

Merritt Fox

Merritt Fox is Michael E. Patterson Professor of Law, NASDAQ Professor for the Law and Economics of Capital Markets, and Co-Director of the Center for Law and Economic Studies at the Columbia Law School. He is a graduate of the Yale Law School and also received a Ph.D. in economics from Yale. Prior to entering academia, Professor Fox practiced with the New York City firm of Cleary, Gottlieb, Steen & Hamilton. His teaching and research have centered in the areas of corporate and securities law, law and economics, and international securities regulation and comparative corporate law. His recent work has focused on the regulation of corporate disclosure, the appropriate reach of U.S. securities regulation with respect to transnational transactions, reform of private securities litigation, and the impact of securities and corporate law on the level of innovation in the economy. Professor Fox is past chair of the Business Associations section of the American Association of Law Schools.