Ziad Raymond Azar
![[candidate photo]](picture.jpg)
S.J.D. Candidate
| Phone: | (202) 276-7318 |
| Office: | ILS 454 |
| Status: | In Residence |
| Email: | zazar@law.harvard.edu |
Dissertation
Some Guidelines for Efficient Bankruptcy and Creditor Rights Reform
Financial crises are exacerbated in the absence of an efficient insolvency system. In the lack of adequate collective proceedings, creditors run on the debtor like depositors run on failing banks and credit recuperation becomes a “first come first served” exercise. Assets value is not maximized and capital is badly encumbered with no clear priority rights. This increases uncertainty. Creditors become more risk averse and the supply of credit is badly affected. In systematic emergencies, the design of the insolvency and creditor rights legal framework is essential. How should an efficient insolvency system be designed? More importantly, is there a universal set of rules and principles that guarantee, if adopted, efficiency and best practice? The objective of the proposed doctoral thesis is to investigate whether such universal rules exist and to provide useful policy guidelines to help reach such an efficient outcome.
Fields of Research and Supervisors
- Corporate Bankruptcy, with Professor Elizabeth Warren, Harvard Law School, Overall Faculty Supervisor
- Secured Transactions, with Professor Andrew L. Kaufman, Harvard Law School
- Corporate Governance, with Professor Mark J. Roe, Harvard Law School
Additional Research Interests
- Securities and Financial Regulations
- International Economic Law
- European Business Law
Education
- Harvard Law School, S.J.D. Candidate 2004-Present
- New York University, M.A. (Economics) 2003
- Georgetown University Law Center, LL.M. (Securities and Financial Regulations) 2001
- Université Paris 1, Panthéon – Sorbonne, France, D.E.A. (International Economic Law) 2000
- Université Saint-Joseph, Lebanon, LL.B. 1999
- American University of Beirut, Lebanon, B.A. (Economics) 1999
Appointments and Fellowships
- Harvard College, Teaching Fellow, Economics 970, Spring 2007
- Harvard Law School, Graduate Fellow, Perspectives of American Law, Summer 2006
- Harvard Law School, Graduate Fellow, LL.M. Writing Workshop, 2005-2006
Representative Publications
- Doing Business in 2005, Removing Obstacles to Growth, The World Bank Group and Oxford University Press September 2004, Co-author
- Revisiting the Investment Services Directive and its Implications to Financial Europe, International Business Lawyer, Oct.04 Vol.32 No.5
- Bankruptcy Reform in Mexico: A Study of the Old and the New Insolvency Proceedings, International Business Lawyer, Jun.03 Vol.31 No.3
- Bankruptcy Law in Cameroon: State vs. Privately Owned Enterprises, International Bar Association, Committee J Newsletter – Insolvency & Creditors’ Rights, April 2003, Vol.1
Additional Information
- The Doing Business Project
- C.V.
- Languages: English, French, Arabic