NYU/Penn Conference
The Twentieth Annual
NYU / Penn Conference on Law & Finance
Sponsored by
The NYU Pollack Center for Law & Business
The University of Pennsylvania Institute for Law & Economics
Conference Organizers
Yakov Amihud, NYU Stern School of Business
Stephen Choi, NYU School of Law
Lisa Fairfax, University of Pennsylvania Carey Law School
Itay Goldstein, The Wharton School of the University of Pennsylvania
Elizabeth Pollman, University of Pennsylvania Carey Law School
David Yermack, NYU Stern School of Business
Dates
February 20-21, 2026
Location
NYU Stern School of Business
VIEW CONFERENCE PROGRAM
Friday, February 20, 2026
NYU Stern School of Business | M1-70 (Gitlow Amphitheater)
9:30am – Registration and Breakfast
10:10am – Welcoming Remarks
10:15 – 11:15am
Precedent Terms
Presenter: David Hoffman, University of Pennsylvania Carey Law School
Co-author(s): Vincent Buccola, University of Chicago Law School
Commentator: Giorgia Piacentino, University of Southern California, Marshall School of Business
Moderator: Alan Schwartz, Yale Law School
15 Minute Break
11:30 am – 12:30pm
The Proxy Voting Choice Revolution
Presenter: Dorothy Lund, Columbia Law School
Co-author(s): Alon Brav, Duke University, Fuqua School of Business; Tao Li, University of Florida, Warrington College of Business; Zikui Pan, University of Florida, Warrington College of Business
Commentator: Nadya Malenko, Boston College, Carroll School of Management Moderator: Elizabeth Pollman, University of Pennsylvania Carey Law School
12:30 – 1:30pm Lunch
1:30 – 2:30pm
How to Implement Shareholder Democracy
Presenter: Luigi Zingales, The University of Chicago Booth School of Business
Co-author(s): Oliver Hart, Harvard University, Department of Economics; Helene Landemore, Yale University, Department of Political Science
Commentator: Jill Fisch, University of Pennsylvania Carey Law School
Moderator: S. Abraham Ravid, Yeshiva University Sy Syms, School of Business, and Visiting Research Professor NYU
2:30 – 3:30pm
The New Political Economy of Delaware Corporate Lawmaking
Presenter: Marcel Kahan, NYU School of Law, and Edward Rock, NYU School of Law
Commentator: David Denis, University of Pittsburgh, School of Business
Moderator: Ryan Bubb, USC Gould School of Law
15 Minute Break
3:45 – 4:45pm
Real Effects of Personal Liability: Evidence from Industrial Pollution
Presenter: Noémie Bucourt, Cornell, SC Johnson College of Business
Commentator: Ofer Eldar, The University of California, Berkeley School of Law
Moderator: Simi Kedia, Rutgers Business School
5:00pm – Faculty Reception and Dinner
Saturday, February 21, 2026
NYU Stern School of Business | M1-70 (Gitlow Amphitheater)
8:15am – Registration and Breakfast
9:00 – 10:00am
Debt Structure When Bankruptcy Law Offers Incentives to Restructure
Presenter: Kose John, NYU Stern School of Business
Co-author(s): Iftekhar Hasan, Fordham University, Gabelli School of Business; Padma Kadiyala, Pace University, Lubin School of Business; Stefano Manfredonia, Fordham University, Gabelli School of Business
Commentator: Anthony Casey, University of Chicago Law School
Moderator: Thomas Bates, W. P. Carey School of Business, Arizona State University
10:00 – 11:00am
Price Drop Damages
Presenter: Adriana Robertson, University of Chicago Law School
Co-author(s): Vincent Buccola, University of Chicago Law School
Commentator: Itay Goldstein, The Wharton School of the University of Pennsylvania
Moderator: Vikramaditya S. Khanna, University of Michigan Law School
15 Minute Break
11:15am – 12:15pm
Tracing the Impact of Payment Convenience on Deposits: Evidence from Depositor Activeness
Presenter: Yao Zeng, The Wharton School of the University of Pennsylvania
Co-author(s): Xu Lu, University of Washington, Foster School of Business; Yang Song, University of Washington, Foster School of Business
Commentator: Kathryn Judge, Columbia Law School
Moderator: Vyacheslay (Slava) Fos, Boston College Carroll School of Management
12:30pm – Lunch and Closing Remarks
BY INVITATION ONLY If you have not submitted your intent to attend, please email Anat Carmy-Wiechman at acw334@stern.nyu.edu.