The Center on Law and Finance has two primary objectives. The first is to advance the research and understanding of how law interacts with—and shapes—financial systems. It does this by supporting conferences, speakers, academic programming, and research on law and finance. The second objective is to connect our research concretely to the real world. Continuing the Law School’s commitment to the practical application of legal theory, the Center holds events that foster a meaningful dialogue between academics and practitioners.
Anthony Casey, "Chapter 11’s Renegotiation Framework and the Purpose of Corporate Bankruptcy," Columbia Law Review, Forthcoming.
Dhammika Dharmapala and Vikramaditya S. Khanna, "The Costs and Benefits of Mandatory Securities Regulation: Evidence from Market Reactions to the JOBS Act of 2012" Journal of Law, Finance & Accounting, Forthcoming.
Brian D. Feinstein and M. Todd Henderson, "Congress's Commissioners," Yale Journal on Regulation, Forthcoming.
Contrary to the view of the commentators, Hertz’s bankruptcy does not show that retail investors require bankruptcy-specific protections. The Hertz maneuver does, however, highlight distortions created by bankruptcy law’s distribution rule, known as the absolute priority rule.