Wednesday, March 1, 2017
Daniel Schwarcz (Minnesota) and Colleen Chien (Santa Clara) win American Law Institute Young Scholars Medal (Michael Simkovic)
The press release is here. The award is highly selective. The ALI--publisher of the influential Restatements of Law and co-creator of the Uniform Commercial Code--selects two out of thousands of eligible "young scholars" every two years for work that has the potential to change the law for the better.
Congratulations to Dan and Colleen!
Professor Schwarcz’s research focuses on insurance law and regulation, spanning issues such as solvency regulation, consumer protection, employer-sponsored health insurance, and insurance coverage litigation. His work has directly led to various law reforms to promote more transparent insurance markets. As a result of Professor Schwarcz's scholarship and advocacy at the National Association of Insurance Commissioners (NAIC), the NAIC established a new Transparency and Readability Working Group to study these issues and propose needed reforms. Recently, after being contacted and encouraged by attorneys at the Treasury Department, he organized a group of “scholars of insurance and financial regulation” to submit two amicus briefs – at the district court and appellate levels – in connection with litigation involving the designation by the Financial Stability Oversight Council of MetLife as a systemically significant financial institution.
Professor Chien’s scholarship focuses on domestic and international patent law and policy issues, and she has already played an important role in helping to formulate public policy on intellectual property and innovation, privacy, open government, and civil liberties. From 2013 to 2015, she served as a Senior Advisor to the Chief Technology Officer of the United States on Intellectual Property and Innovation in the White House Office of Science and Technology Policy, where her work ranged from advancing open data policies to increasing access to pediatric AIDS medicines. Having testified twice before the House Judiciary Committee and numerous times before other federal agencies, Chien coined the now-ubiquitous term “patent assertion entity” in 2010. Her work on patent assertion business models - which rely on the use of patents to extract money from others rather than commercialize technology - has been the basis of studies and policy initiatives by the White House, the Federal Trade Commission, and Congress (in the America Invents Act), and the term has been referred to thousands of times by academic and news sources. Policy recommendations that she and her co-authors, in law review articles and other fora, have made have been adopted by the U.S. Supreme Court, in Congressional bills, at the US Patent and Trade Office, and by 32 states.
Previous winners of the Young Scholars medal include Oren Bar Gill (Harvard; NYU), Adam Levitin (Georgetown), Jeanne Fromer (NYU; Fordham), Amy Monahan (Minnesota), Michael Simkovic (USC; Seton Hall), and Elizabeth Burch (Georgia).