Edward R. Morrison is the Charles Evans Gerber Professor of Law at Columbia Law School. He is an expert in bankruptcy law and law and economics, including the causes and consequences of insolvency, both consumer and corporate. Dr. Morrison’s scholarship has addressed corporate reorganization, consumer bankruptcy, the regulation of systemic market risk, and foreclosure and mortgage modification.
His research has been published in the American Economic Review, Journal of Law & Economics, and other 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. His 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. Morrison and his co-author (Douglas Baird) received the 2012 John Wesley Steen Law Review Writing Prize from the American Bankruptcy Institute (ABI) for an article on the Dodd-Frank Act published in the ABI Law Review.
Dr. Morrison teaches Contracts, Bankruptcy Law, and Corporate Finance. He received the 2018 Willis L.M. Reese Prize for Excellence in Teaching. He is co-director of the Richard Paul Richman Center for Business, Law, and Public Policy, a joint venture of Columbia’s Law and Business Schools. He is also an editor of the Journal of Legal Studies and a conferee of the National Bankruptcy Conference. He recently served as a director of the American Law & Economics Association, member of the Supreme Court’s Advisory Committee on Bankruptcy Rules, and associate editor of the American Law & Economics Review.
Dr. Morrison was the Harvey R. Miller Professor of Law and Economics at Columbia Law School from 2009 to 2012. He was the Paul H. and Theo Leffmann Professor of Commercial Law at the University of Chicago Law School from 2013 to 2014. Before working in academia, Morrison clerked for Justice Antonin Scalia of the Supreme Court and Judge Richard A. Posner of the 7th U.S. Circuit Court of Appeals.
He holds a Ph.D. and M.A. from University of Chicago, a J.D. from University of Chicago Law School, and a B.S. from University of Utah.