Clarke Business Law Institute

Clarke Business Law Institute Leadership


Edward Cornell Professor of Law

Robert C. Hockett was a Rhodes Scholar at Oxford University, where he received an M.A. in philosophy (mathematical logic concentration) and economics. He received his LL.M. and J.S.D. from Yale Law School and clerked for Hon. Deanell Reece Tacha, Chief Judge of the U.S. Court of Appeals for the Tenth Circuit. He also serves as consultant at the Federal Reserve Bank of New York, previously worked for the International Monetary Fund, and has just been named Fellow to the Century Foundation to lead its financial reform and economic democracy programs.

With his broad educational and practical background, Hockett has forged collaborations with faculty from many Cornell and peer university departments, as well as with state and federal legislators, think tanks, investment banks, and community groups. These include Cornell's Johnson School and Economics Department, NYU's Furman Center for Real Estate and Urban Policy, the New York City Bar Association, and even three working groups of the "Occupy" movement. Recent joint projects include white papers with Cornell's Robert Frank, NYU's Nouriel Roubini, and Westwood Capital's Daniel Alpert, as well as new statutes and supporting white papers co-drafted for NY Congressman Brian Higgins and the Banking Law Committee of the New York City Bar.


Distinguished Professor of Corporate and Business Law, Cornell Law School

Lynn Stout joined the faculty in July 2012 as the Distinguished Professor of Corporate and Business Law, the first endowed faculty chair in the BLI. She is an internationally recognized expert in the fields of corporate governance, financial regulation, law and economics, and moral behavior, and has published numerous articles and books on these topics.  Her most recent book is The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public (Berrett Koehler Publications, 2012).  The Shareholder Value Myth was named 2012 Governance Book of the Year by Directors and Boards Magazine and received a 2012 High-Impact Publication Award from the Media Consortium.

Stout holds a B.A., summa cum laude as well as a Masters in Public Affairs from Princeton University and a J.D. from Yale Law School. She has previously taught at Harvard Law School, NYU Law School, Georgetown University Law School, UCLA Law School, and the George Washington University Law School, and she has been a Guest Scholar at the Brookings Institute in Washington, DC.  Among other positions, she presently as an Independent Trustee for the Easton Vance  family of mutual funds; a member of the Board of Advisors for the Aspen Institute's Business & Society Program; Executive Advisor to the Brookings Institution Project on Corporate Purpose; Advisor to the Conference Board's Governance Center; and as a Research Fellow for the Gruter Institute for Law and Behavioral Research.

Saule Omarova

Professor of Law

Saule Omarova specializes in regulation of financial institutions, banking law, international finance, and corporate finance. Before joining Cornell Law School in 2014, she was the George R. Ward Associate Professor of Law at the University of North Carolina School of Law.

Prior to joining academia, Professor Omarova practiced law in the Financial Institutions Group of Davis, Polk, & Wardwell, a premier New York law firm, where she specialized in a wide variety of corporate transactions and advisory work in the area of financial regulation. In 2006-2007, she served at the U.S. Department of the Treasury as a Special Advisor for Regulatory Policy to the Under Secretary for Domestic Finance.


Myron C. Taylor Alumni Professor of Business Law and Director, Law, Technology and Entrepreneurship Program

Charles K. Whitehead is a Professor of Law at Cornell Law School, specializing in the law relating to business organizations, capital markets, financial institutions and transactions, and mergers and acquisitions.  Professor Whitehead held senior legal and business positions in the global financial services industry, practicing in New York, London, and Tokyo, before entering academia.  He was a Research Fellow at Columbia Law School before joining the Boston University School of Law faculty in 2006 and the Cornell Law School faculty in 2009.  During spring 2013, Professor Whitehead was the first "foreign expert" Visiting Professor at Peking University Law School.

Professor Whitehead's recent scholarship includes Lawyers and Fools:  Lawyer-Directors in Public Corporations (forthcoming, The Georgetown Law Journal; co-authored with Lubomir Litov and Simone Sepe), The Goldilocks Approach: Financial Risk and Staged Regulation (Cornell Law Review, 2012), Sandbagging: Default Rules and Acquisition Agreements (Delaware Journal of Corporate Law, 2012), and The Volcker Rule and Evolving Financial Markets (Harvard Business Law Review, 2011).  His article, Destructive Coordination (Cornell Law Review, 2011), was voted by U.S. corporate and securities law professors as one of the top ten papers of 2011.  Professor Whitehead is a member of the American Law Institute and a Fellow of the American Bar Foundation.  He is also a member of the CDS Risk Committee, Chicago Mercantile Exchange, and Co-Chairman of the ABA International Financial Products and Services Committee.  Professor Whitehead was a law clerk to the Hon. Ellsworth A. Van Graafeiland, U.S. Court of Appeals (2nd Circuit), and is a graduate of Columbia Law School (James Kent Scholar; Harlan Fiske Stone Scholar) and Cornell University, magna cum laude.