-> CURRENT AFFILIATES
GLawFiN Co-PI, Associate Professor of Law and Finance at the University of Oxford
GLawFiN Research Associate
GLawFiN Doctoral Fellow, Goethe University Frankfurt
GLawFiN Doctoral Fellow at Goethe-University, Frankfurt
Research in Financial Regulation
Dan Awrey is an Associate Professor of Law and Finance at the University of Oxford. Dan’s teaching and research interests reside in the area of financial regulation and, more specifically, the regulation of banks, investment funds, derivatives markets, and financial market infrastructure. He has undertaken research and provided advice at the request of organizations including HM Treasury, the UK Financial Conduct Authority, the Commonwealth Secretariat, and the European Securities and Markets Authority.
The Normative Foundations of Financial Systems
Shlomit Azgad-Tromer is a research associate at the Center on Global Legal Transformation at Columbia Law School. Her research spans corporate and securities law, corporate governance, corporate bankruptcy and financial regulation. Shlomit is the author of several law review articles, and has earned her Ph.D. at Tel Aviv University. Before joining Columbia Law School, Shlomit has served as a corporate attorney in some of Israel’s largest financial transactions. She has also served as a Visiting Scholar at University of California, Berkeley School of Law and as Visiting Researcher at Harvard Law School.
Bail-out Tools for Bankgroups
Biljana Biljanovska is doctoral candidate in the Law and Economics of Money and Finance program at Goethe University, Frankfurt. Biljana worked as research assistant from 2013 until 2014 at the SAFE research centre in Frankfurt. She has been a GLawFiN doctoral fellow since 2014. During the spring term of 2016, she was a visiting scholar at Columbia Law School. Her research examines the implications of private law and prudential regulation on bank groups’ structures. The corollary is contextualized in recent EU bank regulation and resolution reforms and its potential to improve bank group resolvability.
Jacob Bonavita joined GLawFin in 2013 as Doctoral Candidate from Goethe-University. After his studies in Frankfurt and Paris Jacob has worked for an international law firm in Frankfurt as well as a research and teaching assistant. Since his stay as a visiting scholar at Columbia University in 2013 Jacob’s research focus has been on the legal institutions constituting cash-equivalents. He recently published an article on Asset Securitisation in Germany in the European Business Organization Law Review.
Maciej K. Borowicz
GLawFiN Doctoral Fellow at Columbia Law School
JSD Candidate Columbia Law School
GLawFiN Co-PI, Professor Goethe University Frankfurt
Collateral Law and Financial (In)Stability
Maciej Borowicz received a PhD from the European University Institute in June 2016 on contract governance in the financial sector. His current research focuses on collateral law and financial stability, addressing the following questions: what kind of collateral law and under what conditions contributes to financial stability? The evolution of US collateral law and its impact on financial stability is the focus of the empirical inquiry. His preliminary findings suggest that the expansion of the scope of assets that can be used as collateral coincides with the emergence of the shadow banking system and resulted in instability in markets which are heavily dependent on collateral. Specifically, enforcement of collateral in a financial system where there is a lot of inter-bank lending secured by volatile assets may lead to financial instability. It is thus not only the provision for enforcement of security, but also the scope of assets that can be used as collateral under collateral law that may have implications for financial stability.
Comparative and International Law
Claire is a JSD candidate at Columbia Law School. She is writing her dissertation on the legal and institutional architecture of the marketplace, drawing upon the case of land allocation and transnational land deals in Brazil. She holds bachelor, master, and advanced master degrees in law, philosophy, and economics from several universities in Belgium and the Netherlands. She specialized in comparative and international law, and development economics. She has been a visiting scholar at Pantheon-Sorbonne University and at the Max Planck/Sciences Po Center in Paris and is the recipient of various grants and awards, including the Jacques Falys prize for the best master thesis at Louvain Law School, research grants from the Belgian Academy in Rome and the Royal Academy of Science, Letters and Fine Arts of Belgium, and the Juan Celaya grant on globalization and law from the International Institute for the Sociology of Law.
Systemic Risk & Financial Stability
Comparative Corporate and Financial law
Brigitte Haar is a professor of private Law, German, European, and Comparative Corporate and Financial Law at Goethe University Frankfurt and vice president for internationalization of this university. She directs the Doctorate/PhD-program “Law and Economics of Money and Finance”, is a principal investigator and member of the Scientific Board at the Research Center Sustainable Architecture for Finance in Europe (SAFE) at the House of Finance, member of the executive committee of the House of Finance, and a fellow of the Center for Financial Studies. In addition, she has been appointed to serve as a member of the BaFin Administrative Council and the BaFin Consumer Advisory Board in 2013. Her research centers on corporate and financial law, recently focusing on European financial market regulation, comparative corporate governance. She serves member of the Editorial Board of the European Business Organization Law Review, and has held visiting professorships at the University of Pennsylvania Law School in 2012, and at Columbia Law School in 2014.
GLawFiN Doctoral Fellow, Columbia Law School
GLawFiN Doctoral Fellow, Goethe University Frankfurt
GLawFiN Postdoctoral Summer Fellow
Global Hierarchy of Money
Her doctoral research proposes a rethinking of monetary and financial sovereignty, focusing on states as backup for financial systems and financial institutions and the essential difference between implied and promulgated state powers thereto. Prior to the J.S.D. admission she worked as political advisor to the Foreign Minister, the Minister of Social Affairs and the Minister for Economic Affairs in Iceland during a five-year financial crisis period from 2007 to 2011.
U.S. Practices of Extraterritorial Jurisdiction
Freya’s work lies at the intersection of legal and International Relations scholarship. She recently completed her PhD in the Department of Politics and International Studies at SOAS, University of London, focusing on U.S. practices of extraterritorial jurisdiction in the post-World War Two period. She is also a U.S. lawyer, with a J.D. (cum laude) from N.Y.U. School of Law.
Transnational Trade Law and Finance
Mohammadjavad Jannatifar is a doctoral student in the Doctorate Program in Law and Economics of Money and Finance at Goethe-University, Frankfurt. He holds an LL.B. from University of Tabriz, and an LL.M. in International Commercial Law from Shahid Beheshti University, Tehran. Having being granted the Erasmus Mundus scholarship from the European Commission in 2012, he spent two years in Spain, the Netherlands and Germany where he specialized in Transnational Trade Law and Finance before embarking on his PhD studies in 2014. For the PhD thesis, he is examining the Court of Justice of the European Union’s jurisprudence from the perspective of the law-finance paradox elaborated under the LTF. He is a registered attorney at law and a member of the National Elites Foundation in Iran.
Law of Financial Collateral
Quynh received my PhD in International Relations and International Political Economy from ETH Zurich in June 2015. She is currently a postdoctoral researcher in the Swiss National Center of Competence in Research (NCCR) Trade Regulation project “Trade Governance” at the Center for Comparative and International Studies, ETH Zurich, studying the socio-economic impact of international integration, in particular how these new realities shape citizens’ support for international trade. Her other research interests include the effects of globalization on domestic politics, lawmaking and fiscal and monetary policymaking.
GLawFiN Senior Research Fellow, CGLT
Guilherme de Oliveira
Postdoctoral Research Scholar at the Center on Global Legal Transformation
Director, Center on Global Legal Transformation, Michael I. Sovern Professor of Law, Columbia Law School
GLawFiN Doctoral Fellow, Columbia Law School
Cross-Border Corporate Transparency
Delphine Nougayrède is a corporate and commercial law practitioner and former partner in a global law firm. She is conducting research on cross-border corporate transparency, offshore financial networks, introduction of registries of ultimate beneficial ownership and more generally transparency in global securities markets.
Postdoctoral Research Scholar
Guilherme uses applied microeconometric tools to research topics such as finance, economic history, political economy and labor economics. He obtained his PhD degree in Economics at the University of Amsterdam.
The Transformation of Legal and Social Systems
Katharina Pistor is the Michael I. Sovern Professor of Law at Columbia Law School and director of the Center on Global Legal Transformation.Her research spans corporate law, corporate governance, money and finance, property rights, and comparative law and legal institutions. She has published widely on these issues, including in the Journal of Comparative Economics, The American Law and Economics Review, with Chicago and Columbia University Presses. In 2012 she was co-recipient (with Martin Hellwig) of the Max Planck Research Award on International Financial Regulation; in 2014 she received the Allen & Overy Prize for the best working paper on law of the European Corporation Governance Institute (for her paper on the legal theory of finance); and in 2015 she was elected member of the Berlin-Brandenburg Academy of Sciences. She is also the recipient of research grants by the Institute for New Economic Thinking and the National Science Foundation.
Rethinking the Asian Financial Crisis
Narun is a current J.S.D. candidate working under the supervision of Professor Katharina Pistor at Columbia Law School. His doctoral research proposes a reinterpretation of the Asian Financial Crisis through the lens of Legal Theory of Finance as well as critically analyzes the regional financial development from financial liberalization in the 1990s to financial integration of the 2010s. In addition to the topic of dissertation, his academic interests span capital market regulation, securities regulation, corporate governance, as well as law and economic development. Prior to the J.S.D. admission, he worked as a government lawyer for the Office of Council of State of Thailand. He holds an LL.B. and LL.M. from University College London as well as another LL.M. from Columbia. Since 2013, he has been admitted as a member of the New York Bar Association.
GLawFiN Doctoral Fellow, Oxford University
Postdoctoral Research Fellow at the Center on Global Legal Transformation and the Center for Chinese Legal Studies
Law of Financial Collateral
Javier Solana is a D.Phil student in Law at Balliol College, University of Oxford. In his doctoral research, he is exploring the implications of re-using financial collateral for financial stability. He is interested in the intersection between Law, Philosophy and Economics, as well as the role of Law in promoting financial inclusion. He holds a B.A. in Business Administration (Hons.) and an LL.B. (Hons.) from Carlos III University of Madrid, and an LL.M. in International Finance from Harvard Law School. He has also worked as a trainee lawyer at Cuatrecasas Gonçalves Pereira and as a Legal Intern at the World Bank in Washington D.C. Javier is fluent in Spanish, English and French, has an intermediate command of Mandarin Chinese and a basic knowledge of Arabic.
Postdoctoral Research Fellow
Alice Z. Wang’s research focuses on the impact of technological development on legal institutions and the financial system, particularly stemming from smart contracts and the blockchain. Her other interests include cybersecurity and legal issues in data science. She is a U.S. lawyer, with a J.D. from Columbia Law School. Before law school, she worked as a financial software developer at Bloomberg.
-> FORMER AFFILIATES
Assistant Professor of Urban Planning at Urban Planning at Harvard University’s Graduate School of Design
Pauline Bégasse de Dhaem
Research fellow at Université Saint-Louis –Bruxelles
Sociologist, former visiting research fellow
Assistant Professor at Tilburg Law School; former research scholar
Urban Planner Managing Rapid Urbanization
Sai Balakrishnan is an Assistant Professor of Urban Planning at Harvard University’s Graduate School of Design. Through her research and teaching interests, Sai focuses on institutions for managing rapid urbanization, comparative land-use planning, and property rights. Sai has also worked as an urban planner in the United States, India, and the United Arab Emirates, and as a consultant to the UN-HABITAT in Nairobi, Kenya.
Intersection of Law, Philosophy, and Economics
Pauline Bégasse de Dhaem is a FNRS/FRFC research fellow at the SIEJ (Université Saint-Louis –Bruxelles) and Centre Perelman (Université Libre de Bruxelles.) She holds a Master in law degree from Université Catholique de Louvain, a Bachelor in philosophy degree from Université Saint-Louis – Bruxelles, and a LL.M. in International Legal Studies from New York University in the framework of which she was granted an “Excellence in law award” from Fulbright. Prior to her Ph.D. project, she was active as a lawyer focusing on banking and finance at the Brussels office of a major international firm. She is fluent in French, English and Dutch. Her Ph.D research is part of a collective project on “competition of normativies” (concurrence des normativités) of Université Libre de Bruxelles (ULB), Université de Liège (ULg), and Université Saint-Louis – Bruxelles (USL-B). She focuses on the evolution of regulatory instruments (e.g. standards, stress-testing techniques) used by banking regulators and supervisors at a national and global level, their relationship with the legal system, their consequences thereon, and the governance questions arising therefrom.
The Global and the Particular
Rachel’s research explores the historical, sociocultural, and institutional specificity of all global structures and dynamics, and the implications of this condition for researching and theorizing globalization. Her publications include, “A Hollow Cultural Core?: An Inquiry into New Institutional Approaches to Incentive Based Regulation” (European Journal of Sociology); “The Legal Construction of the Global Foreign Exchange Market” (Journal of Comparative Economics); and The Global and the Particular (forthcoming, Indiana University Press).
Online Platforms as Providers of Transnational Payments
Agnieszka is currently Assistant Professor at Tilburg Law School and Research Coordinator of Tilburg Law and Economics Center (TILEC). She holds a PhD in Law from European University Institute, an LLM in International Competition Law and Policy from University of East Anglia, a JD from Warsaw University, and a MA in Economics from Warsaw School of Economics. At the Center, Agnieszka worked on the hybrid nature of payment systems and contributed to the project on regulatory capacities. This research resulted in the following publications: Public-Private Hybrid Governance for Electronic Payments in the European Union (2012) 13 German Law Journal 1435; ‘Evolution of EU Retail Payments Law’ (2015) 40 (6) European Law Review 858; ‘Online Platforms as Providers of Transnational Payments Law’ (2016) 24 (2) European Review of Private Law 223.
Assistant Professor in Political Science Department at Sogang University, Korea
Attorney; former research scholar
Assistant Professor at Columbia University's Graduate School of Architecture, Planning, and Preservation
Money is Right in Rem
Jongchul Kim researches on the political economy and ontology of finance. To this research, he applies a postmodern critique of ‘person’ and ‘property.’ Recently he argues that money in capitalism is created due tothe privileged grant of property-like rights to creditors. He made this argument in his paper published in Journal of Economic Issues in the title of “Money is Right in Rem: a Note on the Nature of Money.”
Law of Financial Collateral
Hossein is a postdoctoral researcher in Banking and Financial Law at the Faculty of Law, Economics and Finance of the University of Luxembourg where he teaches banking and financial law and conducts research on structural reforms of the banking industry. He has earned his PhD in the European Doctorate in Law and Economics. He holds an LL.M. from the University of Pennsylvania Law School, an LL.M. in Public Law and an LL.B. both from the Shahid Beheshti University School of Law. He has worked as a researcher and legal counsel at the Bureau of Legal Research and Information of the Iranian Presidential Office, the Department of Legal Studies of the Research Center of the Iranian Parliament, the UNESCO Chair for Human Rights, Peace and Democracy (Tehran), and the Research Center for Judicial Development of the Iranian Judiciary. He was also a postdoc in LMU Munich and a visiting fellow at the EUROPAINSTITUT in Basel. His research interests include Law & Finance, Law & Economics, Regulation of Financial Markets and Institutions, International Financial Law and Regulation.
Global Property Rights Regime
Casey Quinn served as a Postdoctoral Research Scholar with the Center from 2010 to 2013. His work focused on Global Property Rights Regimes and the Governance of Essential Resources, particularly the legal institutions governing access to arable land and drinking water. He currently works as an attorney in the litigation of cases concerning residential mortgage-backed securities.
Land Policy and Property Rights in Developing Countries
Yuan Xiao is currently an assistant professor (non-tenure track) at Columbia University’s Graduate School of Architecture, Planning, and Preservation. She researches land policy and property rights in developing countries, especially China. Yuan holds PhD in Urban and Regional Planning from MIT and is a Chinese national.