On Friday, November 2, 2018, at the Hotel DuPont in Wilmington, Delaware, Professor David A. Skeel Jr., distinguished S. Samuel Arsht Professor of Corporate Law from the University of Pennsylvania Law School, gave a riveting lecture entitled: Why Should You Care About Puerto Rico? A Bird’s Eye View of the Financial Crisis and Restructuring. The lecture provided insight into Skeel’s role on the fiscal control board assembled by President Obama in 2016 to oversee a financial restructuring for Puerto Rico resulting from the bipartisan legislation, the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA). An encore presentation was later convened at the Delaware Law School to allow students, faculty, and staff, along with others in the community, to benefit from Professor Skeel’s insight and experience in working with governmental and public entities on fiscal reform.
The Pileggi Lecture is held in honor of Francis G.X. Pileggi, who served as the Internal Managing Editor for the Delaware Journal of Corporate Law in 1958. He envisioned creating a forum where practitioners, judges, and academics, distinguished in the area of corporate law, could speak directly to those most responsible for setting policy on corporate law in the United States—the Delaware bench and bar. Through his efforts and the generosity of his father, Francis G. Pileggi, the idea turned into reality. It continues today through the members of the Delaware Journal of Corporate Law and the continued generosity of the Pileggi family.
A recording of the 2018 lecture can be found here.