I am delighted to welcome my colleague Professor Michael Simkovic who will be blogging with us through August. Professor Simkovic is an Associate Professor at Seton Hall Law School where he teaches federal income tax, bankruptcy, and secured transactions. His research focuses on the regulation of credit markets through the United States Bankruptcy Code, and the regulation of financial markets in general through mandatory disclosure requirements. Professor Simkovic is an expert on the credit card industry, causes of the financial crisis of 2008, credit default swaps, securitization, leveraged buyouts, fraudulent transfer law (and other avoidance actions), and open market stock repurchases. His research was cited in the U.S. Congress’ Joint Economic Committee report recommending sweeping reforms of the credit card industry, which were enacted in 2009. His research has also been cited by researchers at the Federal Reserve Bank of New York and in popular publications such as the New York Times and USA Today.
Before joining the Seton Hall faculty, Professor Simkovic was an attorney at Davis Polk & Wardwell in New York concentrating in bankruptcy litigation; a strategy consultant at McKinsey & Company, specializing in legal, regulatory and business issues affecting financial services companies; and an Olin Fellow in Law and Economics at Harvard Law School.
Professor Simkovic’s recent articles include:
The Economic Value of a Law Degree (forthcoming 2013) (with Frank McIntyre)
Competition and Crisis in Mortgage Securitization, 88 Ind. L.J. __ (forthcoming 2013) (Winner of the 2012 American College of Consumer Financial Services Lawyers Writing Competition)
Risk-Based Student Loans, 70 Wash. & Lee L. Rev. 527 (2013)
Leveraged Buyout Bankruptcies, The Problem of Hindsight Bias, and the Credit Default Swap Solution, 2011 Colum. Bus. L. Rev. 118 (2011) (with Benjamin Kaminetsky)
The Effect of BAPCPA on Credit Card Industry Profits and Prices, 83 Am. Bankr. L.J. 1 (2009)