Introducing Guest Blogger Michelle Harner
Professor Michelle Harner will be joining us as a guest blogger this upcoming month. A year ago, Professor Harner appeared as a guest — her posts were fascinating, addressing a wide range of topics from the financial crisis and CEO pay to accountability and teaching professional responsibility. We are so thrilled to have her back!
Professor Harner joined the University of Maryland faculty as an Associate Professor of Law in the fall of 2009. She teaches courses in Bankruptcy and Creditors’ Rights, Business Associations, Corporate Finance and Governance and Professional Responsibility. Harner came to the law school from the University of Nebraska College of Law, where she served as an Assistant Professor of Law and was voted “Professor of the Year” by the upper class students during the 2006‑07 and 2008-09 academic years.
Professor Harner’s current research interests include shareholder and creditor activism and its impact on corporate value; legislative responses to serial business failures and related implications for discrete industries; and the ethical implications of insolvency for directors, officers and other fiduciaries. In March 2009, she received a research grant from the American Bankruptcy Institute Endowment Fund to study the role of creditors’ committees in chapter 11 business bankruptcies.
Professor Harner previously was in private practice in the business restructuring, insolvency, bankruptcy and related transactional fields, most recently as a partner at the Chicago office of the international law firm Jones Day. Before joining that firm in 1996, Professor Harner served as law clerk to Judge William T. Bodoh of the United States Bankruptcy Court for the Northern District of Ohio. Professor Harner attended the Moritz College of Law at The Ohio State University (J.D. 1995), where she served as Executive Editor of the Ohio State Law Journal and also was a member of the Order of the Coif. She earned her undergraduate degree at Boston College (B.A. 1992, English and Political Science), and she is admitted to practice law in Illinois and Ohio.
Her most recent publications include:
Committee Capture? An Empirical Analysis of the Role of Creditors’ Committees in Business Reorganization, Vanderbilt L. Rev. (forthcoming 2011) (co-authored with Jamie Marincic).
The Search for an Unbiased Fiduciary in Corporate Reorganizations, 86 Notre Dame L. Rev. (2010).
Corporate Control and the Need for Meaningful Board Accountability, 94 Minn. L. Rev. (2010)
Ignoring the Writing on the Wall: The Role of Enterprise Risk Management in the Economic Crisis, 5 J. Bus. Tech. L. (2010) (symposium piece)
The Corporate Governance and Public Policy Implications of Activist Distressed Debt Investing, 77 Fordham L. Rev. 703 (2008), reprinted in 51 Corporate Practice Commentator 177 (2009)
Trends in Distressed Debt Investing: An Empirical Study of Investors’ Objectives, 16 Am. Bankr. Inst. L. Rev. 69 (2008) (solicited piece).