Three Years after Lehman:

Assessing the Regulatory Reforms on the Next Financial Crisis

Download Lehman Event Program

Date: February 24, 2012

Time: 9:30 a.m – 3:30 p.m.

Location: Sutherland Moot Courtroom

Free and open to the public.

Read more about the event on today.law.utah.edu

No participant in the financial markets would have dreamed that three years after the Lehman crisis, the world financial markets would still be lurching from crisis to crisis.  No one would have imagined that unemployment in the U.S. would still be 9% or that Europe would find itself on the brink of financial disaster. The conference attempts to put into perspective the Lehman failure (and the crisis generally) and to understand the effectiveness of the reforms that were enacted in the crisis’s aftermath.  Given the general state of the U.S. and the global economy, such reflection and analysis becomes critical as regulators and policy makers further consider their options and responsibilities.

Schedule

Three years after Lehman Bros. filed the largest Chapter 11 bankruptcy in U.S. history, world financial markets are still unsettled, unemployment in the U.S. remains stubbornly high, and Europe may be on the brink of financial disaster. This symposium considers the role Lehman Brothers’ failure played in the current economic downturn and whether reforms enacted in the wake of the failure are adequate to protect economic markets going forward.

9:30-10:30

Keynote Address – Anton Valukas, Lehman Brothers Bankruptcy Examiner, Chairman, law firm of Jenner & Block

10:30-12:30

On the Ground:  Reliving the Lehman Failure and its Aftermath

Moderator:  Professor Christian Johnson, S.J. Quinney College of Law at the University of Utah

Ronald H. Filler,Professor of Law, Director, Center on Financial Services Law, New York University, former Managing Director in the Capital Markets Prime Services Division at Lehman Brothers

William F. Kroener, III,  Sullivan & Cromwell, former FDIC General Counsel

Robert McLaughlin, partner, Fried Frank

George R. Sutton, partner, Jones Waldo, former Utah Commissioner of Financial Institutions

12:30-1:30

Lunch

1:30-3:30

Assessing the Legislative and Regulatory Answers to Lehman

Moderator and afternoon keynote speaker:  Professor Jerry W. Markham, Florida International University School of Law, former secretary and counsel, Chicago Board Options Exchange, Inc.; chief counsel, Division of Enforcement, CFTC

Professor andre cummings, West Virginia University School of law

David Marshall, Senior Vice President, Associate Director of Research and Director of Financial Markets, Federal Reserve Bank of Chicago

Professor Steve Ramirez, Loyola University School of Law, Director Corporate Law Center

Five hours CLE, email communications@law.utah.edu