The Thirteenth Annual
NYU / PENN CONFERENCE ON LAW AND FINANCE

The 2017 NYU / Penn Conference on Law & Finance is scheduled at New York University for February 24th and 25th in New York City. 

Location
Note that this year the conference is to be held at the NYU Stern School of Business.  On Friday 2/24 the event will be at 44 West 4th Street, New York, NY, in room KMC 5-50.  On Saturday 2/25 the event will be at 40 West 4th Street, New York, NY in room Tisch 411.  (40 and 44 West Fourth Street are connected buildings and there will be signs and security guards directing you to the event location.)

This series is by invitation.  Inquiries should be directed to Anat Carmy Wiechman, wiechman@mercury.law.nyu.edu.

Sponsored by
The NYU Pollack Center for Law & Business
The University of Pennsylvania Institute for Law and Economics

Conference Organizers
Stephen Choi, NYU School of Law
Jill Fisch, University of Pennsylvania Law School
Itay Goldstein, The Wharton School of the University of Pennsylvania
David Yermack, NYU Stern School of Business

Friday, February 24, 2017

9:30am – Registration and Breakfast

10:00am – Welcoming Remarks

10:15- 11:15am
The Insignificance of Clear-Day Poison Pills
Presenter: Emiliano Catan, NYU School of Law
Commentator: Wei Jiang, Columbia Business School
Moderator: Jill Fisch, University of Pennsylvania Law School

15 Minute Break

11:30 – 12:30pm
Principal Costs: A New Theory for Corporate Law and Governance
Presenter: Zohar Goshen, Columbia Law School
Co-author: Richard Squire, Fordham Law School
Commentator: Uday Rajan, University of Michigan Ross School of Business
Moderator: Albert Choi, University of Virginia Law School

12:30 –1:30pm Lunch

1:30 – 2:30pm
Skin or Skim?
Presenter: Arpit Gupta, NYU Stern School of Business
Co-author: Kunal Sachdeva, Columbia Business School
Commentator: Quinn Curtis, University of Virginia School of Law
Moderator: Jillian Popadak, Duke University Fuqua School of Business

2:30 – 3:30pm
Earnings and the Value of Voting Rights
Presenter: Oğuzhan Karakas, Boston College Carroll School of Management
Co-author: Umit Gurun, University of Texas Dallas Jindal School of Management
Commentator: Allen Ferrell, Harvard Law School
Moderator: Avri Ravid, Yeshiva University

15 Minute Break

3:45 – 4:45pm
Beyond the Personal Benefit Test: The Economics of Tipping by Insiders
Presenter: Jonathan Macey, Yale Law School
Commentator: Vyacheslav (Slava) Fos, Boston College Carroll School of Management
Moderator: William Wang, University of California Hastings College of Law

Saturday, February 25, 2017

8:15am – Registration and Breakfast

9:00 – 10:00am
Securing Property Rights
Presenter: Giacomo A.M. Ponzetto, Center for Research in International Economics, Universitat Pompeu Fabra, and Barcelona Graduate School of Economics
Co-authors: Edward Glaeser, Harvard University Department of Economics, and Andrei Shleifer, Harvard University Department of Economics
Commentator: Eric Talley, Columbia Law School
Moderator: Kose John, NYU Stern School of Business

10:00 – 11:00am
Bankruptcy on the Side
Presenter: David Skeel, University of Pennsylvania Law School
Co-authors: Kenneth Ayotte, Berkeley Law, and Tony Casey, University of Chicago Law School
Commentator: Stefano Rossi, Bocconi University, Centre for Economic Policy Research, and European Corporate Governance Institute
Moderator: Barry Adler, NYU School of Law

15 Minute Break

11:15am – 12:15pm
Corporate Control Activism
Presenter: Doron Levit, The Wharton School of the University of Pennsylvania
Co-author: Adrian Corum, The Wharton School of the University of Pennsylvania
Commentator: Brian Quinn, Boston College Law School
Moderator: Itay Goldstein, The Wharton School of the University of Pennsylvania

12:30pm – Lunch and Closing Remarks