Prof. Edward Rust Morrison

Dr. Edward R. Morrison is the Charles Evans Gerber Professor of Law and co-director of the Richman Center for Business, Law, and Public Policy at Columbia University in New York. He was also a member of and co-reporter for the Advisory Committee on Financial Contracts, Derivatives, and Safe Harbors for the ABI Commission to Study the Reform of Chapter 11. Dr. Morrison is an expert in corporate finance and restructuring, household finance and consumer bankruptcy, and contract law. He also is coeditor of the Journal of Legal Studies. Dr. Morrison?s scholarship has addressed corporate reorganization, consumer bankruptcy, the regulation of systemic market risk, and foreclosure and mortgage modification. His recent work studies patterns in intercreditor agreements, valuation disputes in corporate bankruptcies, racial disparities in chapter 13 bankruptcy filings, and the relationship between financial distress and mortality rates. Dr. Morrison teaches contracts, bankruptcy law and corporate finance. He also is faculty director of the Law School?s Executive LL.M. Program. Dr. Morrison received the 2018 Willis L.M. Reese Prize for Excellence in Teaching, awarded by the graduating class of the law school. His research has been published in the American Economic Review, Journal of Law & Economics and other leading peer-reviewed publications, and his work has been cited by the bankruptcy bench and bar and received support from the National Science Foundation and Pew Charitable Trusts. Dr. Morrison and his co-author received the 2012 ABI John Wesley Steen Law Review Writing Prize for an article on the Dodd-Frank Act published in the ABI Law Review. He is a member of the National Bankruptcy Conference and recently served as a director of the American Law & Economics Association, member of the Supreme Court?s Advisory Committee on Bankruptcy Rules, and associate editor of the American Law & Economics Review. Dr. Morrison was the Paul H. and Theo Leffmann Professor of Commercial Law at the University of Chicago Law School from 2013-14. He first began teaching at Columbia Law School in 2003 and from 2009-12 was the Harvey R. Miller Professor of Law and Economics. He also clerked for Justice Antonin Scalia of the U.S. Supreme Court and for Hon. Richard A. Posner of the U.S. Court of Appeals for the Seventh Circuit. Dr. Morrison received his J.D. with high honors in 2000 and was an articles editor of the University of Chicago Law Review, and he received his M.A. in 1997 and his Ph.D. in economics in 2003 from the University of Chicago.