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Fox Professor of Business Law: Edward Rock

Edward B. Rock, L'83 has been named the inaugural Saul A. Fox Distinguished Professor of Business Law at the Law School and professor of business and public policy at the Wharton School. A professor of law on the faculty since 1989, Professor Rock also serves as co-director of the Institute for Law and Economics, a joint research center of the Law School, the Wharton School, and the Department of Economics in SAS.

Professor Rock received his J.D. from Penn in 1983. He joined the Penn faculty in 1989 from the Philadelphia law firm of Fine, Kaplan and Black, where he specialized in antitrust, corporate and securities litigation. In 1994, Professor Rock was a Visiting Professor of International Banking and Capital Markets at the Institut für Arbeits-, Wirtschafts-und Zivil Recht at Johann Wolfgang Goethe--Universität in Frankfurt am Main, Germany. During the 1995-96 academic year, he was a Fulbright Senior Scholar and Visiting Professor of Law at the Law Faculty of the Hebrew University of Jerusalem, Israel, where he taught comparative antitrust and corporate law. He has also taught at Columbia Law School.

Professor Rock has written widely on corporate law, including on the role of institutional investors in corporate governance; close corporations; the overlap between corporate law and antitrust; comparative corporate law; and the regulation of mutual funds. Recently, in a series of articles with Michael L. Wachter, Professor Rock examined the relationship between law and nonlegally enforceable norms in the governance of business enterprises, and the ways in which corporate law and labor law facilitate the self governance of firms.

The Saul A. Fox Distinguished Professorship in Business Law, and the associated Saul A. Fox Research Fund, were established in 2001 with a gift of $4 million from the Winding Way Foundation of the Jewish Community Foundation's Endowment Fund in honor of Saul A. Fox, a 1978 graduate of the Law School. The gift is historic because it was the largest single gift to establish a chaired professorship in the history of the University.


Almanac, Vol. 48, No. 9, October 23, 2001

ISSUE HIGHLIGHTS:

Tuesday,
October 23, 2001
Volume 48 Number 9
www.upenn.edu/almanac/

To memorialize those who were victims of the September 11 attacks, Penn has created the Memorial Scholarship Fund.
A $7 million grant to launch the Center of Excellence for Patient Safety Research and Practice.
The Law School has named Edward Rock the inaugural Saul A. Fox Distinguished Professor of Business Law. Dr. Jason Scott Johnston has been named the Robert G. Fuller, Jr. Professor of Law.
The list of Penn alumni who died in the World Trade Center and the Pentagon is released.
View protocol for identifying and handling suspicious packages and what to do in case of a hazardous discharge. Public Safety will hold training sessions on bomb threats and suspicious packages.
The Policy on Electronic Privacy, which was implemented last fall, is now due for its mandated one-year review; comments are invited by November 16.
Speaking Out: another perspective on the possible six-month moratorium on the issuance of foreign student visas.
Presented at Council -- Safety and security update: from accreditation and arrest protocol to homeland security issues. An update on recommendations concerning services to students with disabilities.
As daylight savings time comes to an end next weekend, Public Safety offers tips for using public transportation safely after dark

For those who want to get away--international travel advisories; fellowships for research abroad and accommodations in London.