Go to the U of M home page.

Edward S. Adams

Howard E. Buhse Professor of Finance and Law

Edward S. Adams

N228 Mondale Hall
229–19th Ave. South
Minneapolis, MN 55455

612-625-0510

adams006@umn.edu

Knox College, B.A.
University of Chicago, J.D.
University of Minnesota, M.B.A.

Professor Edward S. Adams specializes in commercial, bankruptcy, and corporate law. He teaches bankruptcy, creditors remedies/secured transactions, commercial paper, corporations, and corporate finance. Professor Adams served as Associate Dean for Academic Affairs from 1997 to 2000. He was honored with the Stanley V. Kinyon Teaching and Counseling Award in 1994 and 1996, and was a co-holder of the Julius E. Davis Chair in Law for 1999-2000.

Professor Adams earned his B.A. degree, magna cum laude, from Knox College, where he was a member of Phi Beta Kappa. In the fall of 1984, he studied at the University of Freiburg in West Germany as a European Studies and NATO Conference Scholar. Professor Adams received his J.D. degree, cum laude, from the University of Chicago Law School in 1988. He was Managing Editor of the University of Chicago Law Review. Following graduation, Professor Adams clerked for Judge J. Harvie Wilkinson III of the United States Court of Appeals for the Fourth Circuit. He then practiced law with Latham & Watkins in Chicago. Before joining the University of Minnesota Law School faculty in 1992, Professor Adams was a Visiting Professor at Albany Law School of Union University. At Albany, he was the faculty founder of the Albany People's Law Program, which provides free legal advice to members of the community. In 1997, Professor Adams graduated with an M.B.A. with highest honors from the Carlson School of Management at the University of Minnesota.

PUBLICATIONS

Works in Progress

Financial Innovation and Disintermediation in China and India (article in progress)

Financial Markets and Regulatory Gaps: Compliance and Non-Compliance After Sarbanes-Oxley (article in progress)

The Permissibility of Altering the Bank Statement Rule's Statute of Repose by Agreement (article in progress)

Books

A Survey of the Uniform Commercial Code (forthcoming)

Financial Innovation and Disintermediation in the New World (forthcoming)

Corporate Counselor's Business Handbook (Aspen Publishers, 2010) (Supps. 2012, 2013)

Bankruptcy Practice Manual (West, 1998) (Rev. eds. 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007)

Federal Securities Laws: Selected Statutes, Rules and Forms (Merrill/Magnus, 1994) (Rev. eds. 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004) (with Leonard J. Long & James D. Redwood)

Corporations and Other Business Associations: Statutes, Rules and Forms (West, 1996) (Rev. eds. 1997, 1998, 1999, 2000) (with John Matheson)

Proxy Rules Handbook (Merrill/Magnus, 1995) (Rev. eds. 1996, 1997, 1998, 1999, 2000, 2001) (with Leonard J. Long & James D. Redwood)

The Investment Company Source Book: Statutes, Regulations & Forms (Merrill/Magnus, 1996) (Rev. eds. 1997, 1998, 2001) (with Timothy M. Heaney)

Modern Commercial Paper: The New Law of Negotiable Instruments (and Related Commercial Paper) (West, 1994) (with Steve H. Nickles & John Matheson)

Book Chapters

The Hybrid Identity of Law Firms, in Corporate and Organizational Identities: Integrating Strategy, Marketing, Communication, and Organizational Perspectives (Bertrand Moingeon & Guillaume Soenen, eds., Routledge, 2002) (with Stuart Albert)

Amending the Article Nine Filing System to Meet Current Deficiencies, in Commercial Law Annual 1995 (Clark Boardman Callaghan)

Journal Articles

Bridging the Gap Between Ownership and Control, 34 Journal of Corporation Law 409 (2009)

Coordinating Cross-Border Bankruptcy: How Territorialism Saves Universalism, 15 Columbia Journal of European Law 43 (2008/2009) (with Jason Fincke)

Contracting Around Finality: Transforming Price v. Neal from Dictate to Default, 89 Minnesota Law Review 163 (2005) (with Christopher M. Grengs)

Corporate Governance after Enron and Global Crossing: Comparative Lessons for Cross-National Improvement, 78 Indiana Law Journal 723 (2003)

Ten Common Mistakes of Entrepreneurs, 1 Minnesota Journal of Business Law and Entrepreneurship 1 (2002) (with Bob Kommerstad)

Using Evaluations To Break Down the Male Corporate Hierarchy: A Full Circle Approach, 73 University of Colorado Law Review 117 (2002)

The Trusteeship of Legal Rulemaking, 30 Hofstra Law Review 483 (2001) (reviewing Robert D. Putnam, Bowling Alone: The Collapse and Revival of American Community (Simon & Schuster, 2000)) (review essay) (with Richard A. Saliterman)

A Market-Based Solution to the Judicial Clerkship Selection Process, 59 Maryland Law Review 129 (2000)

A Statutory Model for Corporate Constituency Concerns, 49 Emory Law Journal 1085 (2000) (with John Matheson)

Farmer Cooperatives and the Federal Securities Laws: The Case For Non-Application, 45 South Dakota Law Review 62 (2000) (with Jon K. Lauck)

Not "If" but "How": Reflecting on the ABA Commission's Recommendations on Multidisciplinary Practice, 84 Minnesota Law Review 1269 (2000) (with John Matheson)

The Easy Case for Derivatives Use: Advocating a Corporate Fiduciary Duty to Use Derivatives, 41 William and Mary Law Review 595 (2000) (with David E. Runkle)

Beyond the Formalism Debate: Expert Reasoning, Fuzzy Logic, and Complex Statutes, 52 Vanderbilt Law Review 1243 (1999) (with Daniel Farber)

Law Redesigns Law: Legal Principles as Principles of Law Firm Organization, 51 Rutgers Law Review 1133 (1999) (with Stuart Albert)

Spin-Offs, Fiduciary Duty, and the Law, 68 Fordham Law Review 15 (1999) (with Arijit Mukherji)

At the End of Palsgraf, There is Chaos: An Assessment of Proximate Cause in Light of Chaos Theory, 59 University of Pittsburgh Law Review 507 (1998) (with Gordon B. Brumwell & James A. Glazier)

Constructing a Jury that Is Both Impartial and Representative: Utilizing Cumulative Voting in Jury Selection, 73 New York University Law Review 703 (1998) (with Christian J. Lane)

In Pursuit of Excellence--A History of the University of Minnesota Law School, Part VII: The Stein Years--A Time of Advancement and Prosperity, 82 Minnesota Law Review 1527 (1998)

Law Firms on the Big Board?: A Proposal for Nonlawyer Investment in Law Firms, 86 California Law Review 1 (1998) (with John Matheson)

Feudalism Unmodified: Discourses on Farms and Firms, 45 Drake Law Review 361 (1997) (with Jim Chen)

Solving a Profound Flaw in Fraud-on-the-Market Theory: Utilizing a Derivative of Arbitrage Pricing Theory to Measure Rule 10b-5 Damages, 145 University of Pennsylvania Law Review 1097 (1997) (with David E. Runkle)

A Privatization Solution to the Legitimacy of Prepetition Waivers of the Automatic Stay, 38 Arizona Law Review 1 (1996) (with James L. Baillie)

A Charitable Corporate Giving Justification for the Socially Responsible Investment of Pension Funds: A Populist Argument for the Public Use of Private Wealth, 80 Iowa Law Review 211 (1995) (with Karl D. Knutsen)

A Revised Filing System: Recommendations and Innovations, 79 Minnesota Law Review 877 (1995) (with Steve H. Nickles, Susan Sande & William R. Shiefelbein)

Fuzzifying the Natural Law--Legal Positivist Debate, 43 Buffalo Law Review 85 (1995) (with Torben Spaak)

Personal Jurisdiction in the Bankruptcy Context: A Need for Reform, 44 Catholic University Law Review 1081 (1995) (with Rachel E. Iverson)

Amending the Article Nine Filing System to Meet Current Deficiencies, 59 Missouri Law Review 833 (1994) (with Steve H. Nickles)

Pawnbrokers, Police, and Property Rights--A Proposed Constitutional Balance, 48 Arkansas Law Review 793 (1994) (with Steve H. Nickles)

Tracing Proceeds to Attorneys' Pockets (and the Dilemma of Paying for Bankruptcy), 78 Minnesota Law Review 1079 (1994) (with Steve H. Nickles)

Wedding Carlson and Schwartz: Understanding Secured Credit as a Fuzzy System, 80 Virginia Law Review 2233 (1994) (with Steve H. Nickles & Thomas Harju Ressler)

Governance in Chapter 11 Reorganizations: Reducing Costs, Improving Results, 73 Boston University Law Review 581 (1993)

Toward a New Conceptualization of the Absolute Priority Rule and Its New Value Exception, 1993 Detroit College of Law Review 1446

Battles in the Hallowed Halls, 55 Albany Law Review 849 (1992) (reviewing Dinesh D'Souza, Illiberal Education: The Politics of Race and Sex on Campus (Free Press, 1991)) (review essay)

Random Drug Testing of Government Employees: A Constitutional Procedure, 54 University of Chicago Law Review 1335 (1987)

Other Publications

Continuing the Path to Excellence: University of Minnesota Law School Dean Alex M. Johnson, Jr., 91 Minnesota Law Review 10 (2006)

Dean E. Thomas Sullivan: Building a Stronger Foundation, 88 Minnesota Law Review 1 (2003)

Foreword, 79 Minnesota Law Review 519 (Symposium: Managing the Paper Trail: Evaluating and Reforming the Article 9 Filing System) (1995)

COURSES

Bankruptcy
Commercial Paper
Creditors' Remedies/Secured Transactions
MBA Concepts for Lawyers Seminar
Corporate Finance
BA/Corporations