Edward R. Morrison

Ed Morrison is an expert in corporate finance and restructuring, household finance and consumer bankruptcy, and contract law. He is co-editor of the Journal of Legal Studies.

Morrison’s scholarship has addressed corporate reorganization, consumer bankruptcy, the regulation of systemic market risk, and foreclosure and mortgage modification. His recent work studies patterns in inter-creditor agreements, valuation disputes in corporate bankruptcies, racial disparities in Chapter 13 bankruptcy filings, and the relationship between financial distress and mortality rates. 

Morrison teaches Contracts, Bankruptcy Law, and Corporate Finance. He is co-director of Columbia University’s Richard Paul Richman Center for Business, Law, and Public Policy and is faculty director of the Law School’s Executive LL.M. Program. 

He received the 2018 Willis L.M. Reese Prize for Excellence in Teaching, awarded by the graduating class of the Law School. 

Morrison’s 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. 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.

He is a member of the National Bankruptcy Conference and 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.

Morrison was the Paul H. and Theo Leffmann Professor of Commercial Law at the University of Chicago Law School from 2013 to 2014. He first began teaching at Columbia Law School in 2003 and from 2009 to 2012 was the Harvey R. Miller Professor of Law and Economics. Morrison clerked for Justice Antonin Scalia of the U.S. Supreme Court and for Judge Richard A. Posner of the U.S. Court of Appeals for the 7th Circuit.