Academic journal article Fordham Journal of Corporate & Financial Law

The Tenth Annual Albert A. Destefano Lecture on Corporate, Securities & Financial Law1: Corporate Accountability: Governance and Compensation Issues

Academic journal article Fordham Journal of Corporate & Financial Law

The Tenth Annual Albert A. Destefano Lecture on Corporate, Securities & Financial Law1: Corporate Accountability: Governance and Compensation Issues

Article excerpt

WELCOME

DEAN TREANOR: Good evening, everyone. My name is Bill Treanor. I am the Dean of Fordham Law School. It's my pleasure to welcome you to our program tonight, Corporate Accountability: Governance and Compensation Issues.

I'll be turning matters over to Professor Gus Katsoris in a minute, but I want to make a few welcoming remarks.

I have to say this is an amazing panel. Our Corporate Law Center does great event after great event, but even within the history of our Corporate Law Center, this is really a standout event.

At Fordham Law, we take business law very seriously. It's really at the core of what we do, and we have an amazing business law faculty, and we're joined by some of them tonight. I'd like to recognize Professor Martin Gelter, Professor Richard Squire, and Professor Gus Katsoris, who are all mainstays of our great program.

We have a phenomenal Corporate Law Center, which was created in 2001 and since that time has done an amazing job of strengthening the business law program at Fordham. The Chair of the Corporate Law Center Board of Advisors is Paul Soden, who joins us, as well as two Board Members, Pamela Chepiga and Bob Hollweg.

The Director of the Corporate Law Center, Ann Rakoff, really worked long and hard and did so much to put together this fabulous program. She was assisted by Zach Slates, who is our Corporate Law Center Fellow, and by Jeanne Rosendale, who really did so much to help bring this evening together.

I'd like to express the Law School's great gratitude to the Becker Ross firm for their generosity in establishing the DeStefano Lecture Series. We're delighted to have Howard Justvig and his wife Flora with us tonight.

We also have, from the Pace School of Business, Professor John James, who has brought a dozen students from his MBA class in comparative corporate governance.

I just want to make you aware that we have other great programs coming up. This Friday, Marchl2, we'll be having an all-day academic conference on New Ideas for Limiting Bank Size. And then, on March 31, there will be a lecture by Ken Feinberg, TARP Special Master for Executive Compensation.

And, as we do all of these things, we work very closely with our great Fordham Journal of Corporate & Financial Law, which has been cited by the Supreme Court. It's one of the top five corporate law journals in the country. It has fabulous leadership. Thank you very much.

Without any further ado, let me turn matters over to our legendary business law faculty member, Constantine "Gus" Katsoris.

OPENING REMARKS

PROF. KATSORIS: Good evening, ladies and gentlemen.

On behalf of the DeStefano family, I'd like to welcome you here tonight. Unfortunately, they could not be with us, but they send their regrets and their best wishes.

For those of you who have never met Al DeStefano, let me briefly describe him to you. He started at Fordham Law School as an evening student, worked during the day, still managed to make the Law Review, and graduated at the top of his class. He then went on to become a partner in the Becker firm, specializing in corporate matters, particularly mergers and acquisitions. In his spare time, he devoted himself to numerous charitable endeavors and, as an adjunct professor on our faculty, shared his enormous knowledge and experience with our students.

In short, Al DeStefano was a symbol of what Fordham Law School was in the past, he is a symbol of what Fordham Law School still is, and he will remain a symbol of what Fordham Law School will be in the future.

Since its inception less than a decade ago, the DeStefano Lectures have covered a wide range of timely and diverse topics, such as: the need for market regulation, the demise of Enron and its auditor Arthur Andersen, strengthening the protection for investors, making our capital markets more transparent and, last year, the subprime mortgage meltdown. …

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