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This year’s Distinguished Lecturer is Professor Edward Rock of the University of Pennsylvania Law School, a nationally recognized corporate law expert. A summary of his background and a sampling of his scholarship are provided in the announcement here. The origin of the  Annual F. G. Pileggi Distinguished Lecture in Law,  sponsored by The Delaware Journal of Corporate Law, the lead law review of Widener University School of Law, is described here. This annual lecture series was named after my father, F. G. Pileggi, and not the author of this blog post. (I have an extra middle initial.) Last year’s Lecture, and links to lecturers from prior years, are highlighted on this blog here.

The topic and the abstract of this year’s presentation, held today, October 9, 2009, in Wilmington, Delaware, is as follows:

TOPIC:
When the Government is the Controlling Shareholder: Implications for Delaware
 

ABSTRACT:
As a result of the bailouts that began in the fall of 2008, the Emergency Economic Stabilization Act of 2008, and Troubled Assets Relief Program, and its various subprograms, the United States Government now owns a large portfolio of equity positions in Delaware corporations, including controlling positions in AIG, Citigroup, GM, and GMAC. Corporate law provides a complex and comprehensive set of standards of conduct governing the behavior of controlling shareholders. When the Treasury is the controlling shareholder, doctrines of “sovereign immunity” replace many of these existing “private law” structures of accountability with federal “public law” norms. In this lecture, I examine Delaware’s place in this new legal landscape.

UPDATE: The Wilmington News Journal published an article about the Annual Lecture here. Also, The Philadelphia Inquirer’‘s Joe DiStefano wrote a piece about the good professor’s Lecture here.
 

The 24th Annual F.G. Pileggi Distinguished Lecture in Law, sponsored by The Delaware Journal of Corporate Law, the lead law review of Delaware’s Widener University School of Law, was presented today by Professor Eric Talley, a visiting professor this year at Harvard Law School.  Here is a short description of this year’s event with a link to a video of the presentation. 

The prior 23 Annual Distinguished Pileggi Lecturers have been listed here. My posts about last year’s Distinguished Pileggi Lecturer (and reference to the two prior years) is available here. Some background on how the Annual Lecture began is described here. 

UPDATE: The Delaware Law Weekly has a story about it here. The Delaware Corporate Litigation Reporter, published by Thompson-West, also has an article about it that they graciously allowed me to reprint on this blog here.

A  partial abstract of this year’s Distinguished Lecture in Law by Professor Eric Talley,  held at the Hotel duPont in Wilmington, Delaware, on October 10, 2008,  is as follows:

How Complexity Simplifies Corporate Law, Governance, and Incentives

ABSTRACT:

Complexity makes corporate law and governance both challenging and interesting. Indeed, the modern corporate enterprise must mediate and regulate a vast number of conflicting interests, claims, constituencies and authority relationships. Within the shadowy interstices of these conflicts, coordination and incentive problems tend to propagate and thrive. In many ways, the key challenge of corporate law is that of constructing balance amid the chaos of these competing forces.
 

The Delaware Journal of Corporate Law of Widener University Delaware Law School

presents the 33rd Annual Francis G. Pileggi Distinguished Lecture in Law

Is Delaware Retreating?

Randall S.Thomas
John S. Beasley II Chair in Law and Business
Director, Law & Business Program
Professor of Management, Owen Graduate School of Management
Vanderbilt Law School

Friday, October 20, 2017

8:00 a.m. Breakfast; 8:45 a.m. Lecture

Hotel DuPont, du Barry Room
11th and Market Streets
Wilmington, Delaware 19801

Encore presentation 11 a.m.

Widener University Delaware Law School

One substantive CLE credit available in DE and PA

Register online here.

For additional information or for accessibility and special needs requests,
contact Carol Perrupato at caperrupato@widener.edu or 302-477-2178.

Prior Annual Pileggi Distinguished Lectures have been highlighted on these pages. This Lecture Series was funded by my late father, F.G. Pileggi, Esq., over 30 years ago when I was on the law review and was thinking of a vehicle to attract prominent scholars to contribute law review articles, based on their annual lectures.

Supplement: The PowerPoint slides from this year’s Lecture are now available .

The Delaware Journal of Corporate Law of Widener University Delaware Law School presents the 32nd Annual Francis G. Pileggi Distinguished Lecture in Law

Can General Counsels be Independent: Resolving the Partner-Guardian Tension

Ben W. Heineman, Jr.
Senior Fellow at Harvard Law School’s Program on the Legal Profession and its Program on Corporate Governance; Senior Fellow at the Belfer Center for Science and International Affairs at Harvard’s Kennedy School of Government; Lecturer in Law at Yale Law School; and former GE Senior Vice President—General Counsel

Friday, November 18, 2016
8:00 a.m. Breakfast; 8:45 a.m. Lecture
Hotel DuPont, du Barry Room
11th and Market Streets
Wilmington, Delaware 19801

Encore presentation 11 a.m.
Widener University Delaware Law School

One substantive CLE credit available in DE and PA
Online registration form available at above hyperlink
For additional information or for accessibility and special needs requests, contact Carol Perrupato at caperrupato@widener.edu or 302-477-2178.

Prior Lectures have been highlighted on these pages.

Delaware and the Development of Corporate Governance
PileggiLecture184px

The Delaware Journal of Corporate Law of Widener Law Delaware
presents the

30th Annual Francis G. Pileggi Distinguished Lecture in Law
Delaware and the Development of Corporate Governance
Professor Brian R. Cheffins
S.J. Berwin Professor Corporate Law,
University of Cambridge, Cambridge, UK

Friday, October 17, 2014
8:00 a.m. Breakfast; 8:45 a.m. Lecture

Hotel duPont, du Barry Room
11th and Market Streets
Wilmington, DE 19801

One substantive CLE credit available in Delaware and Pennsylvania.

Register online, or download the brochure and registration form as a pdf below and mail, email, or fax the form to Rose Callahan.

[ Download the brochure and registration form as a pdf ]

For questions or inquiries, please contact Rose E. Callahan at 302-477-2014 or via email at recallahan@widener.edu.

Since 1998, Professor Brian R. Cheffins has been the S. J. Berwin Professor of Corporate Law at Cambridge University. He began his academic career at the University of British Columbia’s Faculty of Law, where he taught from 1986 to 1997. Professor Cheffins has held visiting appointments at Duke, Harvard, Oxford and Stanford and was named a Guggenheim Fellow in 2002. His primary research interests are corporate governance and corporate law, with particular reference to economic and historical aspects. Professor Cheffins is the author of Company Law: Theory, Structure and Operation (Oxford, 1997), The Trajectory of (Corporate Law) Scholarship (Cambridge, 2004) and Corporate Ownership and Control: British Business Transformed (Oxford, 2008).

In the 2014 Pileggi Lecture, entitled “Delaware and the Development of Corporate Governance,” Professor Cheffins will assess Delaware’s contribution to a corporate governance transformation U.S. public companies have experienced over the past 40 years. He will focus on various judgments handed down by Delaware’s courts that qualify as corporate governance landmarks while making the point that Delaware’s impact has varied from marginal to substantial depending on the era and the governance topic involved.

The article prepared in connection with the Annual Lecture will appear in the Delaware Journal of Corporate Law and is available on SSRN.

Prior Lectures in this series, at least for the last few years, were highlighted on these pages.

History of the Annual Pileggi Lecture
In 1985, Francis G.X. Pileggi, who was then the Internal Managing Editor for the Delaware Journal of Corporate Law, envisioned creating a forum where practitioners, judges, and academics, distinguished in the area of corporate law, could speak directly to those most responsible for setting policy on corporate law in the United States—the Delaware bench and bar. Through his efforts and the generosity of his father, Francis G. Pileggi, the idea turned into reality. It continues today through the members of the Delaware Journal of Corporate Law and the continued generosity of Francis G. Pileggi, a founding attorney of Pileggi & Pileggi.

UPDATE: Frank Reynolds of Thomson Reuters has written an excellent summary of the Lecture this year.

Professor Mark Roe of Harvard Law School presented today the 23rd Annual F.G. Pileggi Distinguished Lecture in Law in Wilmington, Delaware, to members of the Delaware Bench and Bar at the Hotel duPont at 8:00a.m.  The Lecture was entitled: "Does Delaware Compete?" ( The lecture series is named after my father — for those noticing the different initials.) The presentation was approved for one hour of CLE credit in Delaware and Pennsylvania. Here is a more detailed summary of Professor Roe’s scheduled presentation.

I understand that Professor Larry Hamermesh will be providing a summary of Prof. Roe’s Lecture on the Harvard Corporate Governance Blog in the near future.

Among Professor Roe’s many publications is his law review article entitled Delaware’s Politics, 118 Harv. L Rev. 2491 (2005), in which he examines the interplay between Delaware’s role in forming and monitoring the nation’s corporate governance law and the ability of the U.S. Congress to displace Delaware in that capacity.

Here is a post on the 22nd Annual Pileggi Lecture presented by Professor Hillary Sale.  Here  is a post on the 21st Annual Pileggi Lecture by Professor Stephen Bainbridge, including a link to his law review article prepared in connection with the Lecture which, like each of the annual presentations, is intended to form the basis of an article for Widener’s law review.

UPDATE: Here is a post about the Lecture on the Harvard Corporate Governance Blog.

UPDATE II:  Here is an article about the Lecture in The Delaware Law Weekly.

The 22nd  Annual Francis G. Pileggi Distinguished Lecture in Law will be held on October 20 at 8:00a.m. at the Hotel duPont in Wilmington, Delaware. This year’s lecturer is Prof. Hillary Sale, a nationally prominent corporate law expert. The lecture is approved for one-hour of free CLE for both Delaware and Pennsylvania attorneys. Prof. Sale’s presentation: "Caremark: A Tale of Two Fiduciaries" comes on the 10th anniversary of the Court of Chancery decision by retired Chancellor William T. Allen titled In re Caremark International Inc. Derivative Litigation. The famous decision dramatically focused attention on directors’ roles in implementing corporate compliance programs. More details are available here (including a number to rsvp, though seating is limited) .

A recent law review article by a former Delaware corporate litigator, turned law professor, provides timely insights about recent developments in Delaware corporate law regarding the private enforcement of directors’ fiduciary duties. The article is based on a lecture that Professor Randall Thomas delivered a few months ago in Delaware (that is part of a series named after my saintly father, may he rest in peace). With the permission of The Chancery Daily, we offer the TCD’s following overview:

Friday, October 20, 2017, marked the 33rd year of The Delaware Journal of Corporate Law and the Delaware Law School’s Annual Francis G. Pileggi Distinguished Lecture in Law, where Vanderbilt Law School’s Professor Randall S. Thomas posed the question: Is Delaware Retreating? His discussion considered refinement and more or less sudden abrogation in subsequent case law of legal rules announced in four groundbreaking Delaware corporate law decisions: William B. Weinberger v. UOP, Inc., No. 58, 1981, opinion (Del. Feb. 1, 1983); Unocal Corp. v. Mesa Petroleum Co., et al., No. 152, 1985, opinion (Del. June 10, 1985); Revlon, Inc., et al. v. MacAndrews & Forbes Holdings, Inc., Nos. 353, 354, 1985, opinion (Del. Mar. 13, 1986); Blasius Industries, Inc., et al. v. Atlas Corp., et al., C.A. No. *9720-CA, opinion (Del. Ch. July 25, 1988). Today’s edition of The Chancery Daily includes mention of the paper upon which the lecture was based — Delaware’s Retreat: Exploring Developing Fissures and Tectonic Shifts in Delaware Corporate Law (Cox; Thomas) — which in TCD’s view presents a thoughtful, balanced, and cautious view of, in particular, developing aspects of Delaware law, exemplified by the [below] excerpt from the paper’s conclusion.

In our view, there are reasons to be concerned that private enforcement of director fiduciary duties has spiraled out of control, but at the same time, it is important to remember that the new cutbacks by the Delaware courts and legislature will weaken shareholder monitoring of corporate management and potentially increase the incidence of director misconduct.

Cox & Thomas 12/01/2017

Prior Annual Pileggi Lectures in the series have also been highlighted on these pages.