Symposium

2010 Symposium Issue - International Tax Reform in a Reset Economy

This Spring, as the Journal celebrates its 30th year, JILB will host its annual Symposium event. The topic for our 2010 Symposium is “International Tax Reform in a Reset Economy." This topic is particularly timely as a result of general tax reform efforts being taken by the Obama Administration, as well as numerous recent tax reform proposals in the international area by the President’s Advisory Panel on Tax Reform during the Bush Administration and the ABA’s Tax Force on International Tax Reform. The symposium will revolve around four principal topics: (1) problems with the existing international tax regime; (2) potential contours of international tax reform; (3) incremental versus fundamental reform; and (4) the political reality of reform. The authors of articles selected for the symposium issue may be invited to participate on the symposium panels along with other invited other scholars and practitioners from academic, government, and industry groups.

JILB’s Symposium event will take place on Friday, April 9, 2010 at the Northwestern Law School located in downtown Chicago.

If you would like to contribute to JILB’s 2010 Symposium event, or if you have any questions related to the event, please contact Christie Lan Wang [E-mail], Editor-in-Chief, Northwestern Journal of International Law & Business.

For questions pertaining to our Symposium Issue, please contact Christopher Capuzzi [E-mail], Executive Editor, Northwestern Journal of International Law & Business.

Past Symposiums

2009 Symposium Issue - Globalization of Private Equity: Changes in the International Market and the Impact on Private Equity Investments

As the Journal celebrated its 29th year, JILB hosted its inaugural Symposium event. The topic for our 2009 Symposium was “Globalization of Private Equity: Changes in the International Market and the Impact on Private Equity Investments." The focus was on the changes in the private equity market after the financial crisis in different areas of the world, and we touched on the issues of financing, taxes and regulations regarding private equity funds especially in context of the current economic crisis. The event presented authors from our Symposium Issue, a keynote speaker, and legal practitioners who participated as panelists.

JILB’s Symposium event took place on Friday, April 17, 2009 at the Northwestern Law School located in downtown Chicago.

Schedule

10:30am

Welcome Statement by moderator Karl Lutz

10:40am

Houman Shadab, The Mercatus Center's Regulatory Studies Program
Presentation: "Coming Together After the Crisis: Global Convergence of Private Equity and Hedge Funds"

11:00am

Panel 1 Discussion Part I:
Panelists: Robert Knuepfer, Partner, Baker & McKenzie; David Ruder, Professor of Law Emeritus, Northwestern University

11:15am

Olufunmilayo Arewa, Professor of Law, Northwestern University
Presentation: "Vultures, Hyenas, and Third World Debt Private Equity and Zambia"

11:35am

Panel 1 Discussion Part II:
Panelists: Robert Knuepfer, Partner, Baker & McKenzie; David Ruder, Professor of Law Emeritus, Northwestern University

11:50am

Break

12:00am

Keynote Address: Stephen Ritchie, Partner, Kirkland & Ellis LLP
Lunch will be served

12:45pm

Break

1:00pm

Adam Rosenzweig, Professor of Law, Washington University
Presentation: "Not All Carried Interests Are Created Equal"

1:20pm

Darryll Jones, Professor of Law, Stetson University
Presentation: "Sophistry, Situational Ethics and the Taxation of the Carried Interest"

1:40pm

Panel 2 Discussion
Panelists: Philip Postlewaite, Harry R. Horrow Professor of Law, Director, Tax Program Northwestern University; Thomas Brennan, Professor of Law, Northwestern University

Papers and Biographies

Coming Together After the Crisis: Global Convergence of Private Equity and Hedge Funds
Houman Shadab

Mr. Shadab is a senior research fellow in the Mercatus Center's Regulatory Studies Program. Prior to joining the Mercatus Center, Mr. Shadab was an attorney with prominent international law firms in both Los Angeles and New York City, focusing on securities and commercial litigation. Mr. Shadab earned a B.A. in economics with High Honors from the University of California at Berkley and a J.D. from the University of Southern California School of Law.

Vultures, Hyenas, and Third World Debt Private Equity and Zambia - Donegal v. Zambia
Olufunmilayo Arewa

Professor Arewa joined the Northwestern University School of Law faculty in 2006 as an associate professor after serving as an assistant professor at Case Western Reserve University School of Law from 2003 to 2006. Prior to becoming a law professor, she worked for close to a decade in business and legal capacities at law firms, startup companies and a venture capital firm. She has served as an expert witness in matters related to venture capital and a consultant for the Nelson Mandela Institution, Inc., as well as the World Bank Institute. Professor Arewa was an Economic Officer in the U.S. Foreign Service, where she was posted in Montevideo, Uruguay, and a Visiting Lecturer at the Center for Afroamerican and African Studies (CAAS) at the University of Michigan. Professor Arewa earned a A.B. and J.D. from Harvard University, M.A. and Ph.D. in anthropology from the University of California, Berkeley, and A.M. in applied economics from the University of Michigan.

Not All Carried Interests are Created Equal
Adam Rosenzweig

Professor Rosenzweig is a faculty member of the Washington University Law School. Before joining the Washington University faculty, he served as a visiting professor at Northwestern University School of Law, and was in private practice in New York focusing on federal income tax, and specialized areas of private equity and hedge funds. Professor Rosenzweig clerked for Judge James L. Dennis, United States Court of Appeals for the Fifth Circuit, and holds a B.A. from the University of California- Los Angeles, J.D. from Georgetown University, and LL.M from New York University.

Sophistry, Situational Ethics and the Taxation of the Carried Interest
Darryll Jones

Professor Jones is a faculty member of the Stetson University College of Law. Prior to serving at Stetson, he taught at University of Pittsburgh School of Law where he also served as Associate Dean for Academic Affairs from 2003-2006. Professor Jones served as Associate General Counsel at the University of Florida and began his legal career with the United States Army Judge Advocate General¡¯s Corps. He earned a B.S., J.D. and LL.M from the University of Florida.

Sponsors

JILB would like to thank our generous 2009 Sponsors:

Platinum Sponsors

Baker & McKenzie

Simpson Thacher & Bartlett LLP

Other Sponsors

Sonnenschein Nath & Rosenthal

Ropes & Gray LLP

Co-Supporter

Northwestern Business Law Association