Thursday, December 20, 2007

Real Estate Transactions Panel at AALS

Here's the info on the Real Estate Transactions panel at AALS in New York.  I'll post the details of the Property Section panels tomorrow; if you can't wait, the info is in the Section Newsletter.

Title: Negotiating the Mega-Rebuilding Deal at the World Trade Center: Teaching Teachers to Teach Students

Time and Place: Friday, January 4, 2008; 10:30–12:15, New York Hilton, Regent Parlor, second floor


— Mr. Alex Garvin, President and CEO, Alex Garvin & Associates, Inc., and Adjunct Professor of Urban Planning, Yale University

— Meredith J. Kane, Esq., Paul, Weiss, Rifkind, Wharton & Garrison

— Janno Lieber, Esq., Senior Vice President, World Trade Center Properties, LLC

— Prof. Lance Liebman, Columbia Law School

— Martin D. Polevoy, Esq., DLA Piper


The rebuilding of the World Trade Center site is one of the largest, most difficult, and most emotionally fraught transactions in American history. In addition to the usual stakeholders found in any complex public-private transaction (two states and one city, the developer, the investors, the architect, the contractors, the prospective tenants), the World Trade Center redevelopment introduces additional parties unique to this particular tragedy, including the victims of the attack and their families, first responders, neighborhood residents, and insurers.

This transaction would be fascinating to any observer. But to the law professor, this is a teaching opportunity and not just an interesting deal. Speakers representing various interests in the Ground Zero rebuilding project will address two principal questions. First, they will discuss specific issues that have arisen during the negotiation and documentation process, with emphasis on those that are unique to this particular project. Second, they will provide illustrations of the “teaching moments” they have observed throughout the process. Law professors who teach courses in any business subject will benefit by hearing experts demonstrate the opportunities this transaction presents for professors to help law students understand legal complexity.

Ben Barros

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