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Daniel Fischel

Daniel R. Fischel (born December 10, 1950) is the emeritus Lee and Brena Freeman Professor of Law and Business and former Dean of University of Chicago Law School. He co-founded Lexecon, and is now chairman and president of Compass Lexecon.

Daniel R. Fischel
Born (1950-12-10) December 10, 1950 (age 73)
New York City, New York
Education

Early life and education edit

Fischel was born in New York City. He graduated from Cornell University in 1972, and received a Master of Arts in American history from Brown University in 1974. Fischel received his Juris Doctor cum laude from the University of Chicago Law School in 1977, where he was comment editor of the law review and elected to the Order of the Coif.

Career edit

After graduation, Fischel clerked for Judge Thomas E. Fairchild of the Seventh Circuit Court of Appeals and Justice Potter Stewart of the Supreme Court of the United States. He taught at Northwestern University Law School from 1980 to 1983, the last year of which he was a visiting professor at his alma mater.[1] Fischel joined the University of Chicago Law faculty in 1984, and served as dean from 1998 to 2001, when he resigned due his marriage to another university employee and the university's anti-nepotism policy.[2] During his time as dean, he famously tried to convince Barack Obama that his political career was finished following his resounding defeat to Bobby Rush for U.S. Congress.[3] He also drew controversy in 2009 for his purchase of a condominium in New York for over $8 million,[4] which he sold for nearly $12 million in 2012.[5]

As an expert witness, Fischel testified on behalf of Charles Keating,[6] Ken Lay, and Jeffrey Skilling.[7] His work concerning the collapse of Lincoln Savings and Loan upset plaintiffs' law firm Milberg Weiss, leading Fischel and Lexecon to file a defamation and abuse of process suit, which led to a Supreme Court decision about multi-district litigation (Lexecon Inc. v. Milberg Weiss Bershad Hynes & Lerach, 523 U.S. 26 (1998)) and a $50 million settlement paid to him and/or his firm.[8] A panel of the Tenth Circuit Court of Appeals reversed the conviction of Joseph Nacchio over alleged insider trading of Qwest because Judge Edward Nottingham would not let Fischel testify on Nacchio's behalf.[9] but the entire Circuit en banc reversed the reversal[10] and Nacchio ultimately served jail time (being released in 2013).

Fischel co-authored with Frank Easterbrook The Economic Structure of Corporate Law (Harvard University Press, 1991). His book, "Payback", argued that the prosecution of Michael Milken was unjust.[11]

See also edit

References edit

  1. ^ "Daniel R. Fischel | University of Chicago Law School".
  2. ^ Writer, J. Linn Allen, Tribune Higher Education (6 February 2001). "U. OF C. LAW SCHOOL DEAN QUITS OVER RELATIONSHIP". chicagotribune.com.{{cite web}}: CS1 maint: multiple names: authors list (link)
  3. ^ Kantor, Jodi (July 30, 2008). "Teaching Law, Testing Ideas, Obama Stood Slightly Apart (Published 2008)". The New York Times.
  4. ^ Lat, David (16 October 2009). "Lawyerly Lairs: Daniel Fischel's Fabulous New Pad".
  5. ^ Zeveloff, Julie. "A Star Law Professor And Expert Witness Is Selling His Fancy New York Condo For $15.9 Million". Business Insider.
  6. ^ "The King of Pain Is Hurting Loathed because he's so mean, feared because he's so powerful, Bill Lerach is the lawyer everyone in Silicon Valley hates. His enemies think payback is at hand. They may be right. - September 4, 2000". money.cnn.com.
  7. ^ "Enron trial preview - Jan. 20, 2006". money.cnn.com.
  8. ^ Petersen, Melody (April 14, 1999). "Law Firm to Pay Longtime Foe $50 Million (Published 1999)". The New York Times.
  9. ^ U.S. v. Nacchio, 519 F.3d 1140 (10th Cir. 2008)
  10. ^ http://m.startribune.com/business/40311757.html[permanent dead link]
  11. ^ Smith, Thomas A. (1997). "The Passion of Professor Fischel: Defending Milken's Financial Revolution". Law & Social Inquiry. 22 (4): 1041–1053. doi:10.1111/j.1747-4469.1997.tb01097.x. S2CID 144451965.

External links edit

  • Webpage

daniel, fischel, daniel, fischel, born, december, 1950, emeritus, brena, freeman, professor, business, former, dean, university, chicago, school, founded, lexecon, chairman, president, compass, lexecon, daniel, fischelborn, 1950, december, 1950, york, city, yo. Daniel R Fischel born December 10 1950 is the emeritus Lee and Brena Freeman Professor of Law and Business and former Dean of University of Chicago Law School He co founded Lexecon and is now chairman and president of Compass Lexecon Daniel R FischelBorn 1950 12 10 December 10 1950 age 73 New York City New YorkEducationCornell UniversityBrown University MA University of Chicago JD Contents 1 Early life and education 2 Career 3 See also 4 References 5 External linksEarly life and education editFischel was born in New York City He graduated from Cornell University in 1972 and received a Master of Arts in American history from Brown University in 1974 Fischel received his Juris Doctor cum laude from the University of Chicago Law School in 1977 where he was comment editor of the law review and elected to the Order of the Coif Career editAfter graduation Fischel clerked for Judge Thomas E Fairchild of the Seventh Circuit Court of Appeals and Justice Potter Stewart of the Supreme Court of the United States He taught at Northwestern University Law School from 1980 to 1983 the last year of which he was a visiting professor at his alma mater 1 Fischel joined the University of Chicago Law faculty in 1984 and served as dean from 1998 to 2001 when he resigned due his marriage to another university employee and the university s anti nepotism policy 2 During his time as dean he famously tried to convince Barack Obama that his political career was finished following his resounding defeat to Bobby Rush for U S Congress 3 He also drew controversy in 2009 for his purchase of a condominium in New York for over 8 million 4 which he sold for nearly 12 million in 2012 5 As an expert witness Fischel testified on behalf of Charles Keating 6 Ken Lay and Jeffrey Skilling 7 His work concerning the collapse of Lincoln Savings and Loan upset plaintiffs law firm Milberg Weiss leading Fischel and Lexecon to file a defamation and abuse of process suit which led to a Supreme Court decision about multi district litigation Lexecon Inc v Milberg Weiss Bershad Hynes amp Lerach 523 U S 26 1998 and a 50 million settlement paid to him and or his firm 8 A panel of the Tenth Circuit Court of Appeals reversed the conviction of Joseph Nacchio over alleged insider trading of Qwest because Judge Edward Nottingham would not let Fischel testify on Nacchio s behalf 9 but the entire Circuit en banc reversed the reversal 10 and Nacchio ultimately served jail time being released in 2013 Fischel co authored with Frank Easterbrook The Economic Structure of Corporate Law Harvard University Press 1991 His book Payback argued that the prosecution of Michael Milken was unjust 11 See also editList of law clerks of the Supreme Court of the United States Seat 8 References edit Daniel R Fischel University of Chicago Law School Writer J Linn Allen Tribune Higher Education 6 February 2001 U OF C LAW SCHOOL DEAN QUITS OVER RELATIONSHIP chicagotribune com a href Template Cite web html title Template Cite web cite web a CS1 maint multiple names authors list link Kantor Jodi July 30 2008 Teaching Law Testing Ideas Obama Stood Slightly Apart Published 2008 The New York Times Lat David 16 October 2009 Lawyerly Lairs Daniel Fischel s Fabulous New Pad Zeveloff Julie A Star Law Professor And Expert Witness Is Selling His Fancy New York Condo For 15 9 Million Business Insider The King of Pain Is Hurting Loathed because he s so mean feared because he s so powerful Bill Lerach is the lawyer everyone in Silicon Valley hates His enemies think payback is at hand They may be right September 4 2000 money cnn com Enron trial preview Jan 20 2006 money cnn com Petersen Melody April 14 1999 Law Firm to Pay Longtime Foe 50 Million Published 1999 The New York Times U S v Nacchio 519 F 3d 1140 10th Cir 2008 http m startribune com business 40311757 html permanent dead link Smith Thomas A 1997 The Passion of Professor Fischel Defending Milken s Financial Revolution Law amp Social Inquiry 22 4 1041 1053 doi 10 1111 j 1747 4469 1997 tb01097 x S2CID 144451965 External links editWebpage CV Retrieved from https en wikipedia org w index php title Daniel Fischel amp oldid 1161692395, wikipedia, wiki, book, books, library,

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