2012 Fall Conference

The Law & Finance of Social Enterprise

Presented by the
NYU Journal of Law & Business and
NYU Law and Business Initiative


Session 2: Globalizing Social Finance: How Social Impact Bonds and Social Impact Performance Guarantees Can Scale Development

Session 1 was not recorded.


Please join the NYU Journal of Law & Business on Friday, November 9, 2012, from 2:30-5:30 PM for our Fall Conference on the Law & Finance of Social Enterprise. (Agenda below.) The conference will be held in Greenberg Lounge at the NYU School of Law and will serve as a forum for in-depth engagement with important issues in the field of social enterprise law.

In the first session, John Tyler, General Counsel of the Kauffman Foundation, will present his forthcoming article, Regulating Charitable Hybrid Forms and the Effects of Various Approaches on Financial Capital. The article’s central claim is that hybrid entities—Low-profit Limited Liability Companies (also known as L3Cs), Benefit Corporations, and Flexible Purpose Corporations—should not be regulated under charitable trust law by state attorneys general. Jill Manny, Adjunct Professor and Executive Director of the National Center on Philanthropy and the Law at NYU School of Law, and David Spenard, Assistant Attorney General for the Commonwealth of Kentucky, will comment.

In the second session, Deborah Burand, Clinical Assistant Professor and Co-Director of the International Transactions Clinic at University of Michigan Law School, will present the first law journal article to analyze social impact bonds, Globalizing Social Finance: How Social Impact Bonds and Social Impact Performance Guarantees Can Scale Development, which, among other things, examines how social impact bond structures might be used outside the context of social services to address a variety of global challenges. Ana Demel, Adjunct Professor of Law at NYU School of Law, and Rebecca Leventhal, Associate leading criminal justice social impact bond applications for Social Finance, Inc., will comment.

All articles and written comments will be published in the NYU Journal of Law & Business’s Winter 2013 Special Issue, along with an introductory essay by Kyle Westaway, Founding Partner of Westaway Law, Lecturer at Law at Harvard Law School, and Editor of socentlaw.com.

CLE credits are available.

Please click here to register.

The NYU Journal of Law & Business is proud to present this conference in connection with the NYU-Stern Conference on Social Entrepreneurship and in association with the NYU Reynolds Program in Social Entrepreneurship and the NYU Law & Social Entrepreneurship Association.

AGENDA

2:30-2:45 PM Welcome

2:45-4:00 PM Session I  Regulating Charitable Hybrid Forms and the Effects of Various Approaches on Financial Capital

PRESENTER

John Tyler, General Counsel, Ewing Marion Kauffman Foundation

COMMENTERS

Jill Manny, Adjunct Professor and Executive Director of the National Center on Philanthropy and the Law, New York University School of Law

David Spenard, Assistant Attorney General, Kentucky Office of the Attorney General

4:00-4:15 PM Coffee Break

4:15-5:30 PM Session II  Globalizing Social Finance: How Social Impact Bonds and Social Impact Performance Guarantees Can Scale Development

PRESENTER

Deborah Burand, Clinical Assistant Professor of Law and Co-Director of the International Transactions Clinic, University of Michigan School of Law

COMMENTERS

Ana Demel, Adjunct Professor of Law, New York University School of Law

Rebecca Leventhal, Associate leading criminal justice social impact bond applications for Social Finance, Inc.

5:30-6:30 PM Reception