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Thomas Eovaldi

Thomas Eovaldi
Professor of Law Emeritus

Phone: (312) 503-8541
E-mail: teovaldi@law.northwestern.edu

Curriculum Vitae (pdf)

Thomas L. Eovaldi’s major teaching and research areas are consumer bankruptcy and credit regulation, and financial restructuring of businesses using Chapter 11 of the Bankruptcy Code. One of his recent writings, “The Impact of the Bankruptcy Reform Act of 1978 on Consumer Bankruptcy”, appeared in the Journal of Law and Economics and focused on the impact of changes in bankruptcy law on the utilization rate by nonbusiness debtors of the federal bankruptcy process. Using both econometric analysis and cross-sectional analysis of a sample of consumer debtors, his study demonstrated that legal changes likely had a relatively small impact on the growth in the number of consumer bankruptcies.

Prof. Eovaldi is coauthor of Legal Aspects of Marketing Strategy: Antitrust and Consumer Protection and author of articles dealing with consumer protection through the provision of information; “The Market for Consumer Product Evaluation: An Analysis and a Proposal appeared in the Northwestern University Law Review. His current research into the state system for the collection of consumer debts suggests that a lack of consumer information about the risk of defaulting on debt has led to a market failure; he is formulating a proposal which would remedy this failure while reducing the need for judicial intervention in the debt collection process.

Before joining the Northwestern faculty, Professor Eovaldi practiced law with the Chicago firm of Jenner & Block. He received his BS and LLB, both with honors, from the University of Illinois, where he was a member of the student board of editors of the University of Illinois Law Forum and graduated as a member of the Order of the Coif. A founding member of the Chicago Council of Lawyers, he is a past chair of its consumer Protection Committee. He is also a member of the American Bankruptcy Institute. During the 1995-96 academic year he held the Harry B. Reese Professorship. He held the Perkins-Bauer Teaching Professorship during the 1990-91 academic year, which resulted in the development of a new course which integrated the teaching of negotiation skills and substantive business bankruptcy law.

AREAS OF EXPERTISE

  • Consumer Law
  • Corporate Restructuring
  • Structuring Transactions
  • Creditors and Debtors
  • Bankruptcy

EDUCATION

  • BS with honors, University of Illinois at Urbana-Champaign
  • LLB with honors, University of Illinois at Urbana-Champaign

PRIOR APPOINTMENTS

  • Perkins-Bauer Teaching Professor of Law, 1990-91
  • Associate Dean for Clinical Education, 1976-77
  • Assistant Dean for Clinical Education, 1974-76
  • Associate Professor of Law, 1970-73
  • Assistant Professor of Law, 1967-70
  • Attorney, Jenner & Block, 1965-67
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