Widener University School of Law is pleased to announce that Jill E. Fisch, the Perry Golkin Professor of Law at University of Pennsylvania Law School, will deliver the 2011 annual Francis G. Pileggi Distinguished Lecture in Law.
Fisch will give the lecture, “Leave it to Delaware: Why Congress Should Stay Out of Corporate Governance,” on Friday, Sept. 23 in the Du Barry Room of the Hotel du Pont at 11th and Market Streets in Wilmington. She will give an encore presentation for students on the Delaware campus that day at 11 a.m. in Polishook Hall room 302.
Her lecture comes at a time when Delaware corporate law has been criticized for insufficiently promoting director and officer accountability. That criticism has been invoked to justify federal regulation of corporate governance, notably involving proxy access, executive compensation and takeover regulation. But market developments have enabled investors to use moderated, non-regulatory responses to address perceived accountability problems, avoiding excessive costs and destabilizing management authority. Fisch is expected to explore how modest changes in Delaware law would enhance the ability of sophisticated institutional investors to make a more active and positive contribution to corporate governance, while preserving the existing legal safeguards provided by the Delaware Legislature and the Court of Chancery.
Fisch co-directs Penn Law’s Institute for Law and Economics, and she is a nationally known scholar whose work focuses on the intersection of business and law, including the role of regulation and litigation in addressing limitations in the disciplinary power of the capital markets. She holds an undergraduate degree from Cornell University and a law degree from Yale Law School.
The annual Pileggi lecture event is presented by Widener Law and the Delaware Journal of Corporate Law
, one of three law journals on the Delaware campus. The series has attracted many renowned speakers in the area of corporate law since the first Pileggi lecture in 1986.
There is no cost to attend the breakfast or lecture. The event is made possible by the generosity of Francis G. Pileggi, a founding attorney of Pileggi & Pileggi and father of Widener Law alumnus Francis G.X. Pileggi, who conceived of the idea through a desire to create a corporate law forum for practitioners, judges and academics.