Fellows

David Berger

Senior Fellow

David Berger

David Berger specializes in corporate governance, M&A and securities litigation as well as rapid response shareholder activism and corporate governance risk oversight. David’s practice is an unusual blend of corporate governance advisory work and litigation, and he is nationally recognized for his expertise in both the boardroom and the courtroom. David also represents directors and companies in internal investigations and public companies on disclosure and SEC proceedings.

David has served as lead counsel in many of the most significant governance, M&A and securities litigations over the last 25 years.  During this time David has represented many leading technology and other companies in a variety of cases, including Alphabet (Google), Hewlett-Packard, Trade Desk, Genentech, Dropbox, Box, TD Ameritrade, Copart, Lumentum, Coherent, and Chevron. In addition, David represents many leading investment banks and private equity firms, including Morgan Stanley, SilverLake, TPG, Oak Hill, Francisco Partners, and Qatalyst Partners.

David is a senior fellow at NYU’s Center for Corporate Governance and Finance and is a visiting professor at NYU Law School. David previously taught M&A Litigation and was a visiting Fellow in the Program on Corporate Governance at Harvard Law School and has been a visiting lecturer at a number of other leading law schools, including Duke, Stanford, Hebrew University, and Tel Aviv University, among others.

David is an advisor to the American Law Institute’s Restatement on Corporate Governance project. He is a member of the American College of Governance Counsel, and previously served as counsel to the NYSE’s Commission on Corporate Governance as well as the NYSE’s Proxy Working Group. David writes frequently on corporate law and governance matters, and his articles have appeared in a number of scholarly journals and business publications. He also regularly speaks at corporate governance and investor forums, including frequently addressing governance issues faced by Silicon Valley companies.

David has been at Wilson Sonsini since 1989. Among other leadership roles, he has been a member of the firm’s board of directors and served as chair of the Policy Committee and chair of the firm’s Pro Bono Committee.

David is a director of the Long-Term Stock Exchange, where he chairs the Nominating & Governance Committee.  He also serves on many civic boards, including the Aspen Institute's Business and Society Program board of advisors and the San Francisco Symphony, where he is a member of the audit and finance committees. David also has an active pro bono practice, including serving as lead trial counsel for a variety of public interest groups.

David previously served on the board of directors of the California Culinary Academy (NASDAQ:COOK), including serving on the company's transactions committee as well as on the advisory board of Faurecia, a global leader in manufacturing auto parts based in Paris and served as general counsel to the Super Bowl 50 Host Committee.

 

Marco Dell'Erba

Academic Fellow

Marco Dell'Erba

Marco Dell’Erba is Assistant Professor of Corporate & Financial Law at the University of Zurich, where he is also a member of the Blockchain Center and the Digital Society Initiative. He is a Fellow at the Institute for Corporate Governance & Finance at New York University School of Law, and a member of the Advisory Board of the Research Network for Sustainable Finance, a research initiative involving leading academic institutions.

He previously held research positions at New York University, where he was Global Fellow affiliated with NYU’s Institute for Corporate Governance and Finance and the Center for Financial Institutions; at the Groningen Center for Financial European Financial Services (University of Groningen, Netherlands), teaching in the course of European law; at the Financial Regulation Laboratory of Excellence (University of Paris I Panthéon-Sorbonne, Paris), where he currently is Research Associate; the National University of Singapore (Singapore); and at the London School of Economics (UK) as a Research Assistant in the Department of law during his PhD. He practiced law in the departments of Banking & Finance and Litigation & Dispute Resolutions at Clifford Chance LLP (Rome) and as an independent consultant (Paris).

Marco Dell’Erba holds a JD summa cum laude from the University of Rome La Sapienza and is a fellow of the Lamaro Pozzani University College of Excellence (Rome) where he was awarded a five year full merit-based scholarship. He obtained his LLM in Corporation Law at the New York University School of Law, where he was Global Hauser Scholar and served as Graduate Editor in the NYU Journal of Law & Business. He holds a PhD in private law and financial regulation from the University of Paris I Panthéon-Sorbonne and a PhD in corporate and securities law from the University of Rome Tor Vergata.

Marco Dell’Erba has published in American and European journals, and his research was featured on the Columbia Law School Blue Sky Blog, the Oxford Business Law Blog, and the Machine Lawyering of the Chinese University of Hong-Kong.

His research interests include Financial Law & Banking Law, Corporate Law, Law & Technology. 

 

Harald Halbhuber

Research Fellow

Harald has more than twenty years of experience in transactional practice at major global law firms, focused on structuring and executing complex corporate finance transactions.  Prior to joining the Institute to pursue his research interests, Harald represented companies and investment banks in IPOs, high yield and investment grade bond offerings, equity and debt tender offers, and other financing and derivative transactions.  Most recently, Harald's practice included work on multiple SPAC IPOs and other SPAC-related matters.  In his practice, Harald also counseled clients on critical disclosure and financial reporting matters, an area in which he authored several publications.  His 2017 article on debt restructurings was cited and followed by the Court of Appeals for the Second Circuit in Marblegate Asset Management v. Education Management.  He has also written for Forbes and has been cited by WSJ Pro Bankruptcy.  Harald holds law degrees from the University of Vienna (JD and JSD equivalents) and Harvard Law School (LLM).

Contact: harald.halbhuber@nyu.edu

 

Edwin Hu 

Research Fellow

Edwin Hu

Edwin is a Postdoctoral Fellow at the NYU School of Law Institute for Corporate Governance & Finance where he writes in empirical law and finance. His current research is focused on financial advisors, institutional voting, and equity market structure. His scholarly and policy research has been published or is forthcoming in the Journal of Financial Economics, the Journal of Financial Intermediation, the Stanford Law Review, and featured prominently across major periodicals including The Atlantic, Bloomberg, The Economist, The New York Times, The Washington Post, and the front page of The Wall Street Journal. Previously, he was chief economist and counsel to Commissioner Robert J. Jackson Jr. at the Securities and Exchange Commission. He holds two bachelor’s degrees (in economics and applied computational math) from the University of Washington, and a masters and PhD in finance from Rice University, and a JD from NYU Law where he was a Furman Academic Scholar.

Publications:

Regulatory Leakage Among Financial Advisors: Evidence From FINRA Regulation of “Bad” Brokers, Working Paper (2023), with Colleen Honigsberg and Robert Jackson, https://papers.ssrn.com/abstract=4410143

Institutional Investor Deliberation, Working Paper (2023), with Nadya Malenko & Jonathon Zytnick

Competition for Retail Order Flow and Market Quality, Working Paper (2023), with Dermot Murphy, https://ssrn.com/abstract=4070056

Vestigial Tails? Floor Brokers at the Close in Modern Electronic Markets, Revise & Resubmit, Mgmt. Sci., with Dermot Murphy, https://papers.ssrn.com/abstract=3600230

The Index-Fund Dilemma: An Empirical Study of the Lending-Voting Tradeoff, Revise & Resubmit, J. Legal Stud., with Josh Mitts & Haley Sylvester, https://ssrn.com/abstract=3673531

Regulatory Arbitrage and the Persistence of Financial Misconduct, 74 Stan. L. Rev. 737 (2022), with Colleen Honigsberg and Robert Jackson, https://papers.ssrn.com/abstract=3769653

Financial Integration and Credit Democratization: Linking Banking Deregulation to Economic Growth, 45 J. Fin. Intermediation 100857 (2021), with Elizabeth Berger, Alexander Butler, and Morad Zekhnini

A Comparison of Some Structural Models of Private Information Arrival, 135 J. Fin. Econ. 795 (2020), with Jefferson Duarte and Lance Young

 

Kwon-Yong Jin

Research Fellow

Portrait of Kwong-Yong Jin

Kwon-Yong is pursuing a Ph.D. in financial economics at the Yale School of Management. Prior to his doctoral studies, he was a corporate associate at Wachtell, Lipton, Rosen & Katz, where his practice covered M&A, shareholder activism, capital markets, and financial institutions. He also served as a Captain in the Republic of Korea Air Force Judge Advocate General’s Corps, where he advised commanders and staff on a variety of international, administrative, and commercial law matters, and worked as a strategy director at the Seoul office of a global venture capital fund. His research on banking and securities regulation has appeared in the Yale Law Journal, the Journal of Financial Regulation, and the Brigham Young University Law Review. 

Kwon-Yong holds an A.B. in economics, summa cum laude, from Harvard University, where he received the Sophia Freund Prize as the highest ranked summa cum laude graduate, and a J.D. from Yale Law School, where he was Editor-in-Chief of the Yale Journal on Regulation and an Editor of the Yale Law Journal.


Allison Herren Lee

Senior Research Fellow

Allison Herren Lee

Former SEC Acting Chair and Commissioner Allison Herren Lee served as Commissioner from June 2019 through July 2022.  She served as Acting Chair of the Commission from January 21, 2021 to April 17, 2021. During her tenure, Commissioner Lee focused on bringing transparency and accountability to markets on issues related to climate change and other ESG-related information. 

Commissioner Lee has been a securities law practitioner for 25 years. She is a member of the American College of Governance Counsel, and has written, lectured, and taught courses internationally in Spain and Italy on financial regulation and corporate law. Commissioner Lee served for over a decade in various roles at the SEC, including as counsel to Commissioner Kara Stein and as Senior Counsel in the Division of Enforcement’s Complex Financial Instruments Unit. In addition, she has served as a Special Assistant US Attorney, was a member of the American Bar Association’s former Committee on Public Company Disclosure, and participated on a USAID project in Armenia assisting in the drafting of periodic reporting and disclosure provisions for a comprehensive law of the Republic of Armenia on Securities Market Regulation.

Prior to government service, Commissioner Lee was a partner at Sherman & Howard LLC, focusing on securities, antitrust, and commercial litigation. A member of the Colorado bar, she holds a bachelor’s degree in Business from the University of Colorado and a JD from the University of Denver College of Law, where she was salutatorian, a Chancellor’s Scholar, and served on the Law Review.

 

Theodore N. Mirvis

Senior Fellow

Portrait of Ted Mirvis

Theodore N. Mirvis is Of Counsel in Wachtell, Lipton, Rosen & Katz’s Litigation Department. Mr. Mirvis has been with the firm for over 40 years, and, during that time, has litigated some of the landmark cases regarding corporate governance issues, mergers and acquisitions, stockholders’ rights, and numerous other matters involving corporate and securities litigation. He is an expert on corporate defense. He has written extensively on topics ranging from white-collar crime, corporate governance, mergers and acquisitions and stockholder derivative suits, and is a regular lecturer at the Harvard Business School and the Harvard Law School.

Mr. Mirvis received a B.A. summa cum laude from Yeshiva University in 1973 and received a J.D. magna cum laude from the Harvard Law School in 1976. During law school, he served as case officer and as a member of the Editorial Board of The Harvard Law Review. Upon graduation, Mr. Mirvis was a law clerk to the Honorable Henry J. Friendly of the United States Court of Appeals for the Second Circuit. He is a member of the American Law Institute, the Planning Committee of the Tulane Corporate Law Institute, and the Advisory Board of the Harvard Law School Program on Corporate Governance.

 

Prashant Yerramalli

Senior Research Fellow

Prashant is currently a Vice President at Public, a retail investing platform where he works on operations and regulatory issues.  He was a Senior Research Fellow at the NYU Institute for Corporate Governance & Finance. Previously, he was Chief of Staff and Counselor to the Chair at the U.S. Securities and Exchange Commission. As Chief of Staff and Counselor to the Chair, Prashant served as a senior advisor to SEC Chair Gensler on all aspects of the agency’s mission, including enforcement, rulemaking, examinations, policy, and agency operations. He had previously been at the SEC serving initially as Counsel in the Division of Enforcement, Senior Counsel in the Division of Enforcement, Asset Management Unit, and then Counsel to Commissioner Robert Jackson.
 
Prashant started his legal career as an Associate at WilmerHale, then went on to clerk for the Hon. Naomi Reice Buchwald, U.S. District Judge for the Southern District of New York, before spending almost five years as an associate at Jenner & Block.
 
Prashant has an AB in Public Policy from Brown University where he graduated magna cum laude with honors and a JD from Harvard Law School where he graduated cum laude.