203.432.4030

Sterling Professor of Law

A professor at Yale Law School, Alan Schwartz is an expert in corporate finance, commercial law, and bankruptcy. His recent articles examine bankruptcy workouts and debt contracts and the limits of contract law. Professor Schwartz began his career as an associate attorney with the firm of Rosenman Colin Kaye Petschek Freund & Emil in New York City. He joined the faculty of Yale Law School from the California Institute of Technology, where he was professor of law and social science, and from the University of Southern California Law Center, where he was Maurice Jones, Jr. Professor of Law.

Boards of Directors
Cleveland Cliffs, Inc.

Editorships
Journal of Law, Economics, & Organization

Books
Payment Systems and Credit Instruments (with C. Gillette and R. Scott), Foundation Press, 1996

Foundations of Contract Law (with R. Craswell), Oxford University Press, 1994

Commercial Transactions: Principles and Policies (with R. Scott), Foundation Press, 1982; Second Edition, 1991

Sales Law and the Contracting Process (with R. Scott), Foundation Press, 1982; Second Edition, 1991

Selected Articles
"A Contract Theory Approach to Business Bankruptcy," Yale Law Journal, forthcoming

"The Political Economy of Private Legislatures," University of Pennsylvania Law Review, Vol. 143, 1995

"Bankruptcy Workouts and Debt Contracts," Journal of Law and Economics, Vol. 36, 1993

"The Default Rule Paradigm and the Limits of Contract Law," Southern California Interdisciplinary Law Journal, Vol. 3, 1993

"Price, Quality and Timing of Moves in Markets with Incomplete Information: An Experimental Analysis," (with D. Grether and L. Wilde), Economic Journal, Vol.102, 1992

"Relational Contracts in the Courts: An Analysis of Incomplete Agreements and Judicial Strategies," Journal of Legal Studies, Vol. 21, 1992

Education
LLB Yale University, 1964
BS Bates College, 1961