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December 16, 2003

Press Contact: Kirston Fortune, UT Law Communications, (512) 471.7330

Corporate Law Scholar Kate Litvak Joins UT Law

Austin, Texas—Kate Litvak has joined the faculty of The University of Texas School of Law as Assistant Professor of Law. Her primary scholarly interests are venture capital and private equity, corporate and commercial law, and law and economics.

"Kate Litvak is an impressive and prolific scholar who brings great expertise to the Law School. We are delighted to have her as our colleague, " said UT Law dean Bill Powers.

Litvak received her masters in 1998 from Harvard University and a law degree in 2001 from Stanford University. She clerked for the Hon. Ralph K. Winter of the U.S. Court of Appeals for the 2nd Circuit during 2001-02 and for the Hon. Frank H. Easterbrook of the U.S. Court of Appeals for the 7th Circuit this past year. In the summer of 2002, she was the John M. Olin Fellow in Law and Economics at the University of Southern California Law Center, working on the organizational structure of venture capital funds.

She is co-author (with Michael Klausner) of “What Economists Have Taught Us About Venture Capital Contracting,” in M. Wincorp (ed.), Bridging the Entrepreneurial Financial Gap: Linking Governance with Regulatory Policy (Ashgate, 2001).

"I am thrilled to join the faculty that uniquely combines reputation, energy, and collegiality,” said Litvak. “To be sure, it's easy to be famous, driven, and collegial when you get to live in a town with the best music, arts, and food scene west of New York."

Litvak joins a number of UT faculty working in and around corporate law and law and economics, including:

*Lynn A. Baker, leading public choice theorist writing on federalism and states’ rights.

*Robert W. Hamilton, author of the most widely used law school textbook in corporate law and the Reporter for the Model Business Corporation Act Revision Project.

*Henry T.C. Hu, leading authority on securities regulation and member of the National Association of Securities Dealers' Legal Advisory Board and e-Brokerage Committee. He was the Bruce W. Nichols Visiting Professor at Harvard Law School.

*Richard S. Markovits, author of numerous articles on law and economics, and leading defender of the theory of the second-best.

*Charles Silver, leading scholar writing, from an economic perspective, about class actions, professional responsibility, and insurance law often with UT colleague Lynn Baker.