Author Archives: Harvard Law School Forum on Corporate Governance and Financial Regulation

Analysis of the Emergency Economic Stabilization Act of 2008

My firm is pleased to provide a section-by-section analysis of the Emergency Economic Stabilization Act of 2008 as passed by the Senate, by a vote of 74-25, on October 2, 2008. The section-by-section analysis includes commentary from experts on Gibson, Dunn & Crutcher LLP’s Financial Markets Crisis Group. We hope you find it useful as […]

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Leo Strine’s Marvelous Adventures

Editor’s Note: The article below, just published in The Deal, came to us from its author David Marcus. Leo E. Strine Jr. doesn’t have any time to waste as he settles in behind the lectern for his first mergers and acquisitions class of the year at Harvard Law School. He’s tackling three classic Delaware cases […]

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Panel Discussion on Transactional Practice

The Harvard Law School Program on Corporate Governance is pleased to announce the availability of the video of its event on transactional practice. The event, which was held earlier this month, is the second of the Program’s series entitled Introduction to Corporate Practice. The series’ aim is to expose students to leading practitioners and their […]

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Our Representation on the Most-Influential-Corporate-Governance-Players List

Directorship magazine issued its second annual Directorship 100 list – a list of the 100 “most influential people on corporate governance.” The list includes such well-known figures as Chairman Barney Frank, Chairman Ben Bernanke, Treasury Secretary Henry Paulson, SEC Chair Christopher Cox, Goldman Sachs CEO Lloyd Blankfein, activist investor Carl Ichan, and Blackstone CEO Steve […]

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To Guide or Not to Guide? Causes and Consequences of Stopping Quarterly Earnings Guidance

In “To Guide or Not to Guide? Causes and Consequences of Stopping Quarterly Earnings Guidance”, which I co-wrote with Joel F. Houston and Jennifer W. Tucker, and which was recently accepted for publication in Contemporary Accounting Research, we investigate the importance of quarterly earnings guidance. Quarterly earnings guidance—managers’ public forecasts of forthcoming earnings—is widespread yet […]

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Bailout Bill

A Congressional section-by-section summary of the bailout bill to be voted on shortly by Congress is available here. The full draft of the bill is available here.

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U.S. v. Stein

In the recent decision of U.S. v. Stein, the US Court of Appeals for the Second Circuit upheld the dismissal of all charges against thirteen former partners and employees of KPMG, holding that the government had violated defendants’ Sixth Amendment rights by pressuring KPMG to cut off payment of their legal fees. The court affirmed […]

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Family Control of Firms and Industries

Recently, in the Law, Economics, and Organization Seminar here at the Law School, I presented my paper, co-authored with Raphael Amit, entitled Family Control of Firms and Industries. In our study, we use the variation in the prevalence of family control within and across industries in the United States to test the two broad explanations […]

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A Better Plan For Addressing The Financial Crisis

Editor’s Note: The post below is an op-ed piece published by Lucian Bebchuk in the Wall Street Journal this morning. This op-ed piece is based on his discussion paper, A Plan for Addressing the Financial Crisis, which was just issued by the Harvard Law School Program on Corporate Governance and is available here. Treasury Secretary […]

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Cross-Border Business Combination Transactions

At a recent public meeting, the Securities and Exchange Commission adopted a number of amendments to the rules that apply to cross-border tender offers, business combinations and rights offerings. The SEC also approved the issuance of interpretive guidance on several topics related to cross-border transactions. These amendments and guidance largely follow the SEC’s May 2008 […]

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