Edward Morrison, Ph.D., J.D. is a Senior Advisor at Intensity and an expert in corporate restructuring, distressed debt, mortgage markets, and valuation. Dr. Morrison is also a prolific author and award-winning professor who teaches Contracts, Bankruptcy Law, and Corporate Finance. His scholarship has addressed corporate reorganization, consumer bankruptcy, the regulation of systemic market risk, and foreclosure and mortgage modification. In addition, Dr. Morrison has applied his expertise and provided testimony in a number of high-profile cases that included:
- Predicting mortgage default rates
- Evaluating the reasonableness of settlements in the context of corporate reorganizations
- Assessing the applicability of the U.S. bankruptcy code’s “safe harbors” to financial contracts
- Predicting how courts will apply principles of interpretation (including the plain meaning rule), the duty of good faith, and breach remedies under New York contract law
- Interpreting ISDA master agreements
Dr. Morrison’s research has been published in leading peer-reviewed publications. His work has been cited by the bankruptcy bench and bar and received support from the National Science Foundation and Pew Charitable Trusts. Dr. Morrison’s current work studies patterns in inter-creditor agreements; valuation disputes in corporate bankruptcies; racial disparities in Chapter 13 bankruptcy filings; the relationship between financial distress and mortality rates; and the costs and benefits of the bankruptcy code’s special rules for financial contracts, such as repos. He is a frequent guest lecturer at professional seminars hosted by organizations such as the New York City Bar Association, and has written articles and holds editorial roles for a number of notable publications including:
- American Economic Review
- Journal of Law and Economics
- Journal of Legal Studies
- Journal of Law, Economics & Organization
- Yale Journal of Regulation
- Columbia Law Review
- Journal of Institutional and Theoretical Economics
In addition to his work with Intensity, Dr. Morrison is the Charles Evans Gerber Professor of Law at Columbia Law School. He previously was the Paul H. and Theo Leffmann Professor of Commercial Law at the University of Chicago Law School, among other notable teaching positions.
Dr. Morrison earned a Ph.D. in Economics from the University of Chicago, a J.D. from the University of Chicago Law School, and a B.S. degree in Economics and Accounting from the University of Utah.