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About the Authors

William T. Allen

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Photo - William T. Allen

William T. Allen is the Nusbaum Professor of Law and Business and the Director of the Pollack Center for Law and Business at New York University School of Law.  Professor William Allen moved to New York University School of Law in 1997, following twelve years as Chancellor of the Court of Chancery of the State of Delaware, widely considered the leading trial court in the US for questions of business and corporation law. At NYU, Allen serves on both the Law School faculty and as Clinical Professor of Business in the Finance Department of the Stern School of Business. At NYU he founded the Pollack Center for Law & Business to serve as a bridge between the students and faculty of the Law School and the Stern School of Business. See

The author of various articles on corporate law and corporate governance, Allen teaches Corporation Law, Corporate Governance, Law and Business of Investment Banking, and Mergers and Acquisitions at both the Law School and Stern. He organizes a seminar series on Law & Finance at the Stern School in the Spring. Through the Pollack Center for Law & Business Allen originated the Advanged professional Certificate in Law & Business, a summer program to enable law students to get graduate level training in business; organizes a speaker series in which senior business and legal professionals come to campus, and organizes the annual NYU Directors Institute.

Allen serves as counsel to the New York law firm of Wachtell, Lipton, Rosen & Katz, with whom he consults concerning questions of corporate law and governance.


Reinier H. Kraakman

E-mail address:

Photo - Reinier H. Kraakman

Reinier H. Kraakman is the Ezra Ripley Thayer Professor of Law at Harvard Law School.

Research Interests

  • Business Law
  • Comparative Company Law
  • Corporate Governance
  • Corporate Takeovers
  • Limited Liability
  • Shareholder-derivative Suits
  • Third-party Enforcement Strategies

Subject Areas for Supervising Written Work

  • Corporate Finance
  • Corporate Law

Subject Areas for Accepting Press Inquiries

  • Corporate Finance
  • Corporate Governance
  • Corporate Mergers and Takeovers


  • University of Frankfurt 1971, Fulbright Fellowship in Sociology
  • Harvard College B.A. 1971, History and Science
  • Harvard University 1973, Sociology Ph.D. Program
  • Yale Law School J.D. 1979


  • Visiting Professor of Law, 1986
  • Professor of Law, 1987
  • Ezra Ripley Thayer Professor of Law, 1998

Representative Publications

  • The Anatomy of Corporate Law: A Comparative and Functional Approach (Reinier H. Kraakman et al. eds., Oxford University Press 2004).
  • Kraakman, Reinier H. & Henry Hansmann. "The Essential Role of Organizational Law," 110 Yale Law Journal 387 (2000).
  • Kraakman, Reinier H., Bernard Black & Anna Tarassova. "Russian Privatization and Corporate Governance: What Went Wrong?" 52 Stanford Law Review 1731 (2000).
  • Kraakman, Reinier H. & Bernard Black. "A Self-Enforcing Model of Corporate Law," 109 Harvard Law Review 1911 (1996) (article review).
  • Gilson, Ronald J. & Reinier H. Kraakman. "Reinventing the Outside Director: An Agenda for Institutional Investors," 43 Stanford Law Review 863 (1991).
  • Hansmann, Henry & Reinier H. Kraakman. "The Uneasy Case for Limiting Shareholder Liability in Tort," 100 Yale Law Journal 1879 (1991).